Cboe BZX Exchange has officially approved the listing and registration of the 21Shares Spot XRP ETF, according to a filing sent to the U.S. Securities and Exchange Commission on December 10, 2025. The ETF is now cleared to launch as soon as the SEC issues its final notice.
Analysts expect the product to go live as early as tomorrow. This adds another big player to the growing list of XRP ETF issuers, including Rex Osprey, Canary Capital, Franklin Templeton, Bitwise, Grayscale, Volatility Shares (futures), and ProShares (futures).
Despite the ETF surge, XRP is trading near $2, struggling to break out of a multi-week downtrend. Short-term price action remains choppy, with bullish divergences forming on the daily chart but not strong enough to reverse the broader bearish trend.
XRP is moving within a support range of $2.00–$2.25, with additional support at $1.94 and $1.82 if the price slips lower. Important resistance remains near $2.20.
Crypto analyst Javon Marks opened up about XRP’s history of outperforming Bitcoin in strong market cycles. He noted that in a previous run, XRP outperformed BTC by over 240%, sending the token up 570%.
Marks now predicts XRP could outperform Bitcoin by more than 600%, projecting a potential long-term price target of over $14 per XRP if history repeats.
XRP’s weekly chart still shows a large bearish divergence, which has kept the asset under pressure for months. However, the daily chart shows a smaller bullish divergence that has allowed price to move sideways instead of falling sharply.
Analysts expect XRP to mirror Bitcoin’s movements in the short term. If BTC continues squeezing near resistance, XRP may also trade sideways until a catalyst breaks the range.
A confirmed breakout above $2.20 could trigger stronger upside, while a breakdown below $2.00 may test lower support levels.
The 21Shares Spot XRP ETF is cleared to launch as early as December 11 or 12, 2025, once the SEC sends the final effectiveness notice. It’s the next major XRP ETF to go live.
Approved/live issuers include 21Shares, Rex Osprey, Canary Capital, Franklin Templeton, Bitwise, Grayscale, plus futures ETFs from Volatility Shares and ProShares.
XRP is stuck in a multi-week downtrend, trading near $2 as traders wait for a clear breakout above $2.20 or new market catalysts.
You can buy an XRP ETF through major brokerage platforms once it lists, similar to purchasing any traditional stock or ETF.
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