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.