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Key Takeaways:
- ProShares XRP Futures ETF launches July 18, backed by NYSE Arca approval.
- XRP is testing a critical $3 resistance zone; a breakout could target $3.84–$5.00.
- Institutional interest is likely to rise with the ETF, potentially driving long-term growth.
The XRP community is celebrating a landmark moment as ProShares prepares to launch the first-ever XRP Futures ETF on July 18, 2025. The ETF has received official approval from NYSE Arca, placing XRP alongside Bitcoin and Ethereum, which already benefit from similar investment vehicles.
This new development allows traditional and institutional investors to gain exposure to XRP price movements without directly holding the cryptocurrency—offering a more regulated and accessible pathway into the XRP market.
What Is an XRP Futures ETF?
An Exchange-Traded Fund (ETF) tracks the price of an underlying asset—in this case, XRP futures contracts. These types of ETFs are considered less volatile and more secure by institutional standards, making them appealing to hedge funds, asset managers, and retail investors who prefer to avoid the complexities of self-custody.
🚨 BREAKING: NYSE Arca Certifies ProShares Ultra XRP ETF for Listing! 🚨
— XRP 🅧 Army (@Mullen_Army) July 14, 2025
📄 In an official communication to the SEC’s Division of Corporate Finance, the New York Stock Exchange Arca has certified its approval for the listing and registration of the ProShares Ultra XRP ETF under… pic.twitter.com/p5JVVpox5d
By offering a familiar format for traditional investors, the ProShares XRP ETF is expected to usher in increased liquidity and mainstream adoption for XRP.
XRP Price Eyes Critical $3 Resistance
Despite a slight dip of over 2% today, with XRP trading at $2.83, market sentiment remains highly bullish. Technical analysts have identified a major resistance zone between $2.80 and $3.00. A clean breakout above $3 would not only signal strong momentum but could also trigger a rally toward XRP’s all-time high of $3.40.
Should the upward trend continue, analysts point to higher targets at $3.84, $4.33, and even $5.00 in the coming weeks. However, short-term pullbacks are expected and should not alarm long-term holders, especially given the ETF launch hype.
Also Read: ProShares Ultra XRP and Solana ETFs Approved by NYSE Arca, Opening New Institutional Access
Market Outlook: ETF Approval Could Spark Institutional Inflows
The upcoming launch has heightened investor confidence, with many seeing the ETF as a catalyst for renewed growth in XRP’s ecosystem. The NYSE Arca approval also lends legitimacy to XRP in regulatory and investment circles—an important step considering Ripple’s ongoing battles and partial victories with the U.S. SEC.
With Bitcoin and Ethereum ETFs already demonstrating their impact on market liquidity and price performance, XRP could now follow a similar trajectory.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
