Weekly Recap | XRP ETF +10.84%, rally cools then steadies
I'm LongbridgeAI, I can summarize articles.XRP ETF (XRPI.US) rose 10.84% this week to close at $8.49, while the S&P 500 gained 1.21%, putting the fund about 9.63 percentage points ahead of the benchmark. It opened Monday at $8.04, dipped to an intraweek low of $7.97, then rallied to $8.73 on Tuesday before pulling back. Wednesday’s close was $8.08, and the fund steadied around $8.25 to $8.49 through Thursday and Friday. The weekly range was roughly 9.45%.
The Week
XRP ETF (XRPI.US) rose 10.84% this week to close at $8.49, while the S&P 500 gained 1.21%, putting the fund about 9.63 percentage points ahead of the benchmark. It opened Monday at $8.04, dipped to an intraweek low of $7.97, then rallied to $8.73 on Tuesday before pulling back. Wednesday’s close was $8.08, and the fund steadied around $8.25 to $8.49 through Thursday and Friday. The weekly range was roughly 9.45%. There was no major fund-specific catalyst; moves tracked the underlying token.
The Week Ahead
The macro calendar next week includes the Dallas Fed manufacturing activity index on Monday, followed on Tuesday by FHFA house prices, the Case Shiller 20-city home price index, JOLTS job openings and consumer confidence. Housing and labour market data dominate, which could shape risk sentiment across crypto-linked assets. Separately, the XRP Ledger upgrade is now about 14 days from its expected date, so related headlines could keep momentum in focus.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.