XRP News Today: Optimism for XRP ETF Faces Challenges from Whale Sell-Offs and Negative Market Indicators

Virtu Financial (VIRT) delivered impressive results for the third quarter, exceeding both profit and revenue forecasts, while the

market contended with increased whale activity and ongoing regulatory shifts. The electronic trading company reported adjusted earnings of $1.05 per share, topping the of $0.97 per share, and recorded $467.02 million in revenue—an 11.16% rise above projections, as detailed in its . Despite these strong numbers, Virtu’s stock has lagged behind the S&P 500 this year, and its Zacks Rank of 4 (Sell) points to possible short-term headwinds.

At the same time, Ripple’s XRP token is navigating a volatile environment. Whale selling has intensified, with major holders unloading more than 140 million XRP in recent days, according to

. This data also showed that whales acquired 30 million XRP between October 20 and 21, reflecting mixed market sentiment. The token’s price has been unstable, with technical signals hinting at a possible correction, and a recent pointed to increased trading activity. Analyst Ali Martinez observed that the , a historically reliable indicator for trend reversals, issued a sell alert as XRP approached $2.50.

On the regulatory front, recent developments have provided some optimism. Ripple’s settlement with the SEC in August 2025 and the anticipated approval of

have sparked greater institutional interest. Blockchain analytics provider Messari noted that XRP’s market capitalization reached a record $170.3 billion in the third quarter, while real-world asset (RWA) issuance on the XRP Ledger jumped 215% from the previous quarter. Institutions such as Trident Digital and Webus International have invested over $800 million in XRP through Digital Asset Treasuries (DATs), further strengthening its institutional foothold.

Virtu Financial’s involvement with XRP adds further complexity. The company holds $63 million worth of XRP as part of its broader liquidity and execution services. This position stands in contrast to Western Union’s recent

for its USDPT stablecoin, citing Solana’s speed and lower transaction costs. While XRP continues to play a key role in international payments, rivals such as are increasingly appealing to established financial players.

Experts remain split on XRP’s short-term outlook. Optimists point to the potential for ETF approvals, with Polymarket odds at 99% for approval by the end of the year. Should this occur,

could drive XRP’s price into the $3.40–$4.20 range, according to market analysts. On the other hand, bearish signals remain, as the TD Sequential indicator and continued whale selling hint at a possible decline toward $2.00.