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21Shares XRP ETF Launch Sparks Speculation on FalconX's XRP Supply

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XRP
$1.924591.41%
The launch of 21Shares' XRP ETF, TOXR, on the Cboe BZX Exchange has triggered on-chain analysis about FalconX’s XRP supply. FalconX, which recently acquired 21Shares, plans to merge its ETF operations with its OTC trading network. Analysts suggest the ETF could boost XRP demand, possibly draining liquidity from FalconX’s pools. On-chain data shows growing interest in XRP, raising questions about how supply shifts might affect price dynamics.
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