The XRP market is gearing up for a major shift as several spot XRP ETFs prepare to launch over the coming days, potentially attracting significant institutional inflows. Following last week’s debut of Canary Capital’s XRP product, momentum is growing across the sector as major asset managers position themselves ahead of rising investor interest.
Franklin Templeton is expected to introduce its XRP ETF today under the ticker EZRP on the CBOE, after filing updates designed to clear any regulatory obstacles. Bitwise is also on track, having submitted its final amendment to the SEC, signaling a possible launch between November 19 and 20. Bitwise recently enjoyed a strong rollout of its Solana ETF (BSOL), adding confidence to its XRP strategy.
Meanwhile, 21Shares has initiated the SEC’s 20-day review process with its latest registration, suggesting that both its XRP product and CoinShares’ offering may reach the market between November 20 and 22. These launches follow the early success of REX/Osprey’s XRPR fund, which recorded $38 million in first-day trading volume and surpassed $150 million in assets shortly after—a strong indicator of investor appetite.
Market analysts believe the arrival of up to seven new XRP ETFs in November could inject billions into the ecosystem, potentially pushing XRP closer to its previous all-time high of $3.80. With the token currently trading near $2.15, this represents a substantial upside. Analysts are also observing bullish signals on lower-timeframe charts, noting that XRP has broken out of a recent downtrend and is entering a favorable technical zone supported by strong order block structure.
In parallel, VanEck’s launch of a zero-fee staking-enabled Solana ETF underscores broader market interest in alternative crypto assets beyond Bitcoin and Ethereum. The firm has even suggested that an XRP ETF could be next, further validating growing institutional enthusiasm.
These ETF launches could mark a pivotal moment for XRP as the token seeks to recover from recent declines and attract renewed long-term investment.
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