Spot XRP ETF Filings Hit The Deck: ‘Hard To Be Bearish Here,’ Trader Says
Posted On February 7, 2025
XRP (CRYPO: XRP) is accelerating in the spot ETF race, with multiple filings submitted to the SEC.
| Cryptocurrency | Price | 24-Hour Trend | 7-Day Trend |
| XRP (CRYPTO: XRP) | $2.53 | +6.0% | -20% |
| Bitcoin (CRYPTO: BTC) | $98,624 | +1.4% | -5.6% |
| Ethereum (CRYPTO: ETH) | $2,747 | +0.5% | -18% |
Community News: Fox Business reporter Eleanor Terrett reported the Cboe Exchange having filed 19b-4s on behalf of BitwiseInvest and CanaryFunds to list and trade their spot XRP ETFs. Additional filings came from WisdomTree and 21Shares.
Unlike Bitcoin and Ethereum ETFs, XRP lacks an established CME futures market, which was a key factor …
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