Particle.news

Download on the App Store

XRP Holds Near $3 After XRPR ETF Debut as Traders Watch $2.98 Support

New U.S. ETF rules plus the XRPR launch expanded regulated access to XRP.

Overview

  • The SEC approved generic listing standards for crypto ETFs this week, easing the path for spot products tied to XRP.
  • Rex‑Osprey’s XRPR, the first U.S. spot XRP ETF, began trading with roughly $24 million in its first 90 minutes and over $37 million on day one.
  • XRP is consolidating around $3 after a modest weekly pullback, with technicians identifying $2.98 as a level that needs to hold to avoid deeper downside.
  • Analysts Javon Marks and Ali Martinez cite a 226% upside target near $9.90 and a TD Sequential buy signal on shorter time frames, framing the outlook as conditional on a breakout.
  • Institutional rails are expanding, with reported plans for CME futures options and tokenized investment funds on the XRP Ledger aimed at broadening access and liquidity.