随着第一个XRP ETF进入市场，根据投资者的预测，价格并没有上涨

随着XXRP ETF周围的炒作开始减弱，XRP价格徘徊在1.81美元左右。

The first-ever XRP ETF has hit the markets but not at the levels that were predicted by investors. According to data from CoinMarketCap, XRP price saw a steep decline of nearly 5% over 24 hours to reach $1.81 despite the hype around the XXRP ETF.

有史以来的第一个XRP ETF已上市，但没有达到投资者预测的水平。根据CoinMarketCap的数据，XRP价格在24小时内急剧下降了近5％，达到了1.81美元，尽管大肆宣传XXRP ETF。

Teucrium Investment Advisors launched its leveraged ETF, offering investors double the exposure to XRP. However, the leveraged ETF, with the ticker XXRP, failed to force a rally for XRP with several theories swirling for the decline in XRP price.

Teucrium Investment Advisors推出了其杠杆ETF，为投资者提供了将XRP的曝光率加倍。但是，杠杆ETF的带有股票XXRP的ETF未能为XRP施加集会，而几种理论因XRP价格下降而旋转。

The nature of the XRP ETF contributes to its lukewarm market reaction on launch day. The leverage ETF rolled out without the SEC’s approval of a spot ETF leaving market participants scratching their heads.

XRP ETF的性质有助于其在发布日发射当天不冷淡的市场反应。杠杆ETF未经SEC批准ETF的批准而推出，使市场参与者挠头。

Bloomberg market analyst Eric Balchunas described the ETF as “very odd,” contributing to a tepid reception. Historically, spot-based ETFs have had seismic effects on prices, with Bitcoin and Ethereum spot ETFs triggering double-digit rallies.

彭博市场分析师埃里克·巴尔库纳斯（Eric Balchunas）将ETF描述为“非常奇怪的”，这导致了温和的接待。从历史上看，基于斑点的ETF对价格产生了地震影响，比特币和以太坊斑点ETF触发了双位数的集会。

Despite falling XRP prices, the approval of a spot-based ETF will trigger a strong rally for the asset compared to the leveraged offering.

尽管XRP价格下跌，但与杠杆产品相比，基于现货的ETF的批准将触发资产的强烈集会。

Broader Market Selloff Is Impacting Prices

更广泛的市场抛售正在影响价格

A glance at the cryptocurrency charts reveals a steep decline across the board for asset prices. Bitcoin price continues to trade well below the $80K mark while Ethereum has tumbled by nearly 6% over the last day.

一眼浏览加密货币图表显示，资产价格的董事会幅度急剧下降。比特币的价格继续远低于$ 80k的交易，而以太坊的最后一天却跌倒了近6％。

The decline of the top two largest cryptocurrencies has dragged other altcoins underwater. XRP price is not the only one roiling under increased sell pressure, with ADA, SOL, and BNB facing bearish sentiments. The US-China trade war is stoking increased selling pressure for cryptocurrencies amid reciprocal tariffs.

前两个最大的加密货币的下降使其他山寨币拖到了水下。 XRP价格并不是唯一一个在增加卖出压力下的人，而ADA，SOL和BNB面临看跌情绪。美国 - 中国贸易战正在引起互惠关税的加密货币的销售压力。

Speculative Run-up For XRP

XRP的投机量

Another reason for the XRP price decline following the ETF launch is profit taking. Since reports of an imminent XRP ETF launch went mainstream, the asset experienced increased buying activity from investors.

ETF发布后XRP价格下跌的另一个原因是利润获取。由于迫在眉睫的XRP ETF发布的报道成为了主流，因此资产从投资者那里获得了增加的购买活动。

There is speculation that the price decline is tied to traders “buying the rumor and selling the news.” This trading strategy leads to a correction in the face of positive fundamentals for an asset. Ripple’s acquisition of Hidden Road for $1.25 billion failed to trigger a reversal for the asset’s price.

有人猜测，价格下跌与交易者“购买谣言并出售新闻”有关。面对资产的积极基本原理，这种交易策略会导致更正。 Ripple以12.5亿美元的价格收购隐藏道路，无法以资产的价格触发逆转。