The XRP community has reason to celebrate as ProShares is set to launch its XRP Futures ETF on July 18, 2025. This new ETF has officially received approval from NYSE Arca, making it one of the first XRP-related ETFs to enter the market. This move is expected to attract more attention from big investors and give XRP a push in the market.
An ETF, or Exchange-Traded Fund, allows people to invest in an asset like XRP without directly buying the cryptocurrency. It’s a safer and simpler option for many investors, especially institutions.
With this launch, XRP is now joining the ranks of other cryptocurrencies like Bitcoin and Ethereum, which already have their own ETFs.
In terms of price action, XRP has been showing strong bullish signs. On the daily chart, it’s slowly approaching a big resistance level between $2.80 and $3. If XRP manages to break above $3 and stay there, it could quickly move toward its previous all-time high of $3.40.
If the rally continues, analysts have identified higher price targets at $3.84, $4.33, and possibly even $5.00 in the coming weeks. However, there is also a warning that small price drops, or “pullbacks,” are normal during big uptrends and should not worry long-term holders.
So far, XRP’s price trend remains positive, and the upcoming ETF listing could give it the extra push it needs. The $3 level is currently the key point to watch. A strong daily close above this would confirm a breakout and open the door for further gains.
Overall, the market outlook for XRP is looking strong as excitement builds around the ETF launch. At the time of writing, XRP is down by more than 2% and is trading at $2.83.
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