Why Is XRP Price Dropping Despite Spot ETF Record on Day One?

XRP surprised the market this week by setting a new record with its first U. S. spot ETF launch, but the token’s price has still declined. As of today, XRP is trading at $2. 99, down from recent highs, leaving many investors puzzled. Spot XRP ETF Breaks Day-One Record On its first day of trading, the $XRPR … source: https://coinpedia.org/news/why-is-xrp-price-dropping-despite-spot-etf-record-on-day-one/