Wall Street’s XRP ETF Race Heats Up As Charts Signal Explosive Move In The Making

XRP (CRYPTO: XRP) is down 2% on Tuesday as filings for spot XRP exchange-traded funds gained traction, while technical charts pointed to a decisive breakout setup.

Wall Street ETF Filings Put XRP Back In The Spotlight

Seven XRP ETF filings are currently under SEC review, placing it just behind Solana’s (CRYPTO: SOL) eight.

Applicants include established names such as WisdomTree, Grayscale, Franklin, and Canary Capital, along with newer issuers experimenting with derivative-based and yield-focused strategies according to Cointelegraph.

The range of filings spans from simple spot ETFs to leveraged and short products, with proposed assets under management ranging from millions to over $100 billion.

XRP Consolidates In Symmetrical Triangle

Full story available on Benzinga.com