XRP News Today: XRP Market Awaits July ETF Launches for Institutional Access

Investors are closely monitoring the XRP market, with key dates in July—14, 21, and 25—set to potentially open up institutional access to the cryptocurrency. The optimism around these dates is driven by the anticipated launch of several exchange-traded funds (ETFs) that could significantly impact XRP's market dynamics.

On July 14, ProShares is expected to launch three XRP futures ETFs: Ultra XRP, UltraShort XRP, and Short XRP. These products will provide both bulls and bears with leveraged exposure to Ripple, potentially increasing liquidity and institutional activity. The SEC’s acknowledgment of these filings has restored investor confidence, which was previously dampened by a delay in April. If approved, these ETFs could pave the way for spot ETFs, similar to the regulatory path taken by Bitcoin in the US.

Momentum could further accelerate on July 21 when Volatility Shares and Tuttle Capital plan to launch 2X leveraged XRP ETFs. These products, which amplify daily returns, are designed for active traders looking to capitalize on Ripple's volatility. Both providers have completed regulatory steps, making the launch highly probable. The introduction of these ETFs would mark the first time XRP has had multiple leveraged products in the US, potentially increasing trading volume and short-term price action. These products are expected to attract momentum traders and algorithmic funds that have previously avoided XRP due to regulatory uncertainty.

The biggest news is expected on July 25, when the SEC is set to rule on the REX-Osprey Spot XRP ETF. Unlike futures ETFs, this spot ETF will hold XRP directly, providing institutions with a regulated way to gain exposure without owning the asset itself. With recent court decisions favoring Ripple and increasing pressure on the SEC to modernize its approach to crypto, analysts believe approval is becoming more likely. If approved, this could open the door for other issuers like Bitwise and 21Shares to follow, potentially unlocking billions in capital and solidifying XRP’s position in the top 10 cryptocurrencies.

From a technical standpoint, XRP's price prediction remains bullish as it consolidates at $2.81 after a parabolic move above a rising channel. The price has cleared the $2.695 resistance zone, which is now support. However, a Shooting Star on the 4-hour chart suggests possible exhaustion, particularly given the RSI’s position above 79, which indicates overbought territory. A dip would be a better entry point, with a buy zone identified between $2.695 and $2.62, and a stop loss at $2.48. Short-term targets are set at $2.97, with next resistance levels at $3.14–$3.31. Volume is tapering off, so patience is required. With ETFs dominating the July narrative, XRP could be entering a significant chapter, and all eyes are on the regulators for approvals that could potentially retest all-time highs.