XRP ETF News [Live] Updates

XRP has once again tested the $2.40-$2.50 range, but analysts say this is a managed accumulation rather than a rejection. Liquidity appears to be increasing behind the scenes as traders position themselves for a potential breakout. Market observers have suggested that if XRP decisively breaks above $2.65, momentum will quickly accelerate, potentially pushing the price above $3 in the near term.

Big changes are likely to occur in XRP over the next 49-72 hours. Seed capital inflows of $100 million to $400 million are expected as 11 XRP ETF products move to pre-launch stage with DTCC active status, Form 8-A filing, and in-kind creation approval. Estimated seed value per product ranges from $10 million to $45 million, with total early purchase value ranging from $110 million to $495 million. At XRP’s current price of $2.40, that equates to between 45 million and 200 million XRP absorbed this week.

JPMorgan estimates that the XRP ETF could attract up to $8 billion in inflows within a year of launch. With only 3 billion to 5 billion XRP currently available on exchanges, analysts have warned that a potential supply shock could push the price far beyond its current level of around $2.50. Depending on the speed of institutional capital inflows, XRP could realistically rise to the $20 to $100 range, suggesting a significant revaluation of the market going forward.

The newly activated wallet, created by BitGo just 25 days ago, moved 143,701,579.59693 XRP worth approximately $343.3 million. Multi-signature transactions have confirmed significant movement on the XRP ledger, sparking speculation about institutional or ETF-related activity. This transfer highlights expanded activity and large-scale positioning ahead of the upcoming XRP Spot ETF launch.

XRP is expected to remain volatile as long as it is tied to debt-based speculative assets like Bitcoin. But analysts believe big changes could be coming. Over time, XRP is likely to separate from broader cryptocurrency market trends and evolve into an independent standard designed to absorb and integrate the global financial system, establishing itself as the foundation of the future of digital finance.

The REXShares $XRPR ETF is the first under the Investment Company Act (’40) to provide only partial spot $XRP exposure and inefficient tax treatment. In contrast, @CanaryFunds plans to launch the first pure ’33 Act $XRP ETF, offering 100% XRP exposure without any other assets. This is an important milestone for investors seeking direct and fully regulated access to XRP in the US market.

Canary Capital CEO Steven McClurg predicts that the upcoming XRP spot ETF could outperform Solana’s gains and double its impact. The ETF is expected to launch on Thursday, subject to final regulatory approval from Nasdaq. This milestone marks a significant moment in cryptocurrency adoption, providing investors with a direct and regulated way to gain exposure to XRP. Market watchers are keeping an eye on potential price movements as trading begins.

Just over a year ago, the SEC was appealing a court ruling that ruled XRP did not meet the legal definition of a security. Since then, the regulatory landscape of cryptocurrencies has changed dramatically. On Thursday, the first ’33 Act compliant spot XRP ETF will be launched, marking a historic milestone for the industry. This announcement highlights how rapidly crypto regulation and market acceptance has evolved over the past year, and provides investors with a new way to gain direct exposure to XRP.

CanaryFunds has filed Form 8-A, marking the final regulatory step before Nasdaq certifies the company for listing. Approval on Wednesday at 5:30pm ET clears the path for the first $XRP Spot ETF to go public. Investors can expect the ETF to begin trading at market open on Thursday, offering a new way to gain direct exposure to XRP. This launch marks a major milestone for the adoption of cryptocurrencies in traditional markets.