XRP XRP is accelerating in the spot ETF race, with multiple filings submitted to the SEC.
| Cryptocurrency | Price | 24-Hour Trend | 7-Day Trend |
| XRP XRP/USD | $2.53 | +6.0% | -20% |
| Bitcoin BTC/USD | $98,624 | +1.4% | -5.6% |
| Ethereum ETH/USD | $2,747 | +0.5% | -18% |
Community News: Fox Business reporter Eleanor Terrett reported the Cboe Exchange having filed 19b-4s on behalf of BitwiseInvest and CanaryFunds to list and trade their spot XRP ETFs. Additional filings came from WisdomTree and 21Shares.
Unlike Bitcoin and Ethereum ETFs, XRP lacks an established CME futures market, which was a key factor in past SEC approvals.
While SEC approval is not guaranteed, Litecoin ETF filings were acknowledged, suggesting XRP could follow a similar path.
Trader Notes: Crypto trader Mikybull Crypto analyzed the XRP chart and stated: “Hard to be bearish here.”
Meanwhile, Javon Marks sees XRP’s current price action mirroring its 2017 breakout, where it first hit resistance at its all-time high before surging beyond.
If this pattern plays out again, Marks projects a second target of $99, representing a staggering 3,900% increase from current levels.
The implication is that another massive wave of upside could follow, potentially breaking past this target.
Statistics: Crypto chart analyst Ali Martinez noted that XRP whales took advantage of the dip, accumulating 520 million XRP.
Coinglass data shows XRP long liquidations stood lowest, at $2.81 million, since Jan. 30. Open interest of $3.64 billion stood at the lowest level since early January.
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