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Analyst Suggests FalconX's XRP Dark Pool May Be Depleted After 21Shares ETF Launch

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XRP
$1.92120.46%
KuCoin listing announcement has drawn attention as FalconX's XRP dark pool faces potential depletion following the 21Shares XRP ETF (TOXR) launch on Cboe BZX. The ETF, approved by the SEC and listed on December 11, has triggered speculation about its impact on XRP liquidity. Jake Claver of DAG suggested the ETF’s inflows could drain FalconX’s reserves. FalconX, which supports over 2,000 institutional clients, is supplying XRP directly from its high liquidity exchange pools, possibly tightening XRP’s availability over time.
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