XRP ETFs Surpass $85M in Trading on First Day Following Regulatory Approval
Launch of XRP ETFs: Multiple XRP exchange-traded funds (ETFs) debuted on November 24, 2025, with Grayscale’s GXRP and Franklin Templeton’s XRPZ listed on NYSE Arca, generating a combined trading volume of $85.7 million on their first day.
Strong Performance of Franklin Templeton’s XRPZ: Franklin Templeton’s XRPZ ETF had the most successful launch among the newcomers, trading 965,203 shares and achieving $23.66 million in volume, while Grayscale’s GXRP saw more modest initial demand.
Dominance of Established Issuers: Bitwise and Canary Capital led the overall trading activity, with Bitwise generating $36.6 million in volume, highlighting the strong institutional and retail demand for XRP ETFs.
Impact of SEC Settlement: The launch of these ETFs follows a significant regulatory settlement between Ripple and the U.S. SEC in 2025, allowing XRP to be treated similarly to Bitcoin and Ethereum, thus paving the way for mainstream investment access.
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Technical Analysis for LIGHT
Technical Sentiment Analysis for Light (LIGHT) As of , Light (LIGHT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LIGHT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LIGHT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Light (LIGHT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.102 | 0.0427 | 0.16 | 0.304 | 0.422 | 0.566 | 0.684 |
| Fibonacci | 0.0427 | 0.143 | 0.204 | 0.304 | 0.405 | 0.466 | 0.566 |
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