Crypto investors refuse to sell XRP ETF tokens despite a 25% price crash

XRP traded near $1.29 on Oct. 29, roughly a quarter below the estimated acquisition cost of the exposure accumulated in US-listed XRP funds.Yet the latest settled data show only a small, concentrated decline in the group of funds with published flows.Data tracker XRP Insights puts modeled acquisition cost at about $1.71, with its flow series recording a net reduction of about 2.96 million XRP over Oct. 26-28. Comparing Oct. 23 and Oct. 28 balances for the same group puts the decline at roughly 0.26%, leaving most existing exposure in place.A large existing ETF portfolio shows how much exposure the channel has accumulated, but the cost estimate alone says little about whether that expansion will resume.In its Oct. 28 snapshot, XRP Insights estimated approximately 1.17 billion XRP of exposure across six products, rising to 1.19 billion when the XRP sleeve of the diversified Bitwise 10 Crypto Index Fund (BITW) was included.REX Osprey's XRP Fund (XRPR’s) Oct. 28 holdings included 19,885,382 direct XRP alongside 362,750 CoinShares Physical XRP securities. The securities are not individual tokens, explaining why a tracker’s XRP-equivalent exposure can exceed the coins directly held by th...