XRPETFApproval

The Ripple-backed 3iQ XRP ETF has been witnessing significant demand since its launch in Canada, reaching $23 million in just three days.
The 3iQ XRP ETF has had a great start since its launch last week, becoming one of the first spot $XRP funds to launch in Canada.
The asset manager revealed that its fund, in which Ripple is notably one of the investors, has crossed the $23 million AuM milestone.


3iQ XRP ETF Becomes Largest XRP ETF in Canada
In a press release, the asset manager announced that its $XRP fund is now the largest in Canada since last week's launch.

It comes as the fund has surpassed CAD $32 million ($23 million) in client assets, with investments from notable firms such as Ripple.
3iQ Corp achieved this feat after just three days of trading on the Toronto Stock Exchange (TSX) under the ticker 'XRPQ'.
The 3iQ XRP ETF launched on June 18 with 0% management fees for the first 6 months.
The asset manager notes that this makes it one of the most competitively priced digital assets on the market.
The $XRP fund was one of three ETFs that launched last week, providing institutional investors with exposure to the altcoin.
The other two funds are from Objective Investments and Evolve XRP ETFs. 3iQ’s fund invests only in long-term XRP holdings purchased from leading crypto exchanges and over-the-counter counterparts.
Commenting on the AUM milestone, 3iQ President and CEO Pascal St. Jean said,
Our XRP ETF’s impressive success after only a few days of trading, similar to what our Solana Staking ETF experienced very shortly after its launch, underscores the benefits we offer to both retail and institutional investors looking to increase exposure to digital assets.
#Xrp🔥🔥 #Ripple #XRPETFApproval #CryptoNewss #Market_Update

#XRPETFApproval
XRP is among a number of digital assets under review, alongside Solana, Litecoin, Dogecoin, Cardano, Polkadot, and others.
Bloomberg analysts estimate the chances of approval of the XRP spot ETF at 95%, fueling renewed speculation about institutional capital inflows and a potential shift in the dynamics of the crypto market.
Key findings:
Bloomberg analysts estimate the chances of approval of the XRP ETF at 95%, citing the SEC's increased involvement.
Large companies like Grayscale and Franklin Templeton rely on XRP.
Delays in approval could affect US competitiveness.
The updated forecast by ETF specialists James Seyffart and Eric Balchunas follows the growing involvement of regulators in the filing of several crypto ETFs.
Seyffart noted on X that the increasing interaction with the US Securities and Exchange Commission (SEC) is “a very positive sign” as applications from major asset managers move forward.
XRP joins Solana, Litecoin and others in the ETF review spotlight
XRP is one of a number of digital assets under review, along with Solana, Litecoin, Dogecoin, Cardano, Polkadot, and others.
The SEC has already approved XRP's 19b-4 filings. A final decision is expected on October 17, 2025.
Seyffart noted that while approval seems inevitable, the timeline remains unclear: "It could be something we talk about in the next month or two. Or it could be something that waits until October or later.
Grayscale, Bitwise, Franklin Templeton, and 21Shares are among the firms backing XRP ETF applications, signaling strong institutional support.
Along with Solana and Litecoin, XRP now leads the field in predicted approval probability, while others such as Cardano, Dogecoin, and Polkadot have been assigned a probability of 90%.
The analysts' outlook reflects a broader trend: The SEC appears increasingly willing to treat many of these assets as commodities, which could ease their path to regulated products.
Nevertheless, the slow pace of development is cause for concern. Industry observers warn that delays could undermine the US's competitive position in digital asset innovation.

Proponents argue that faster approvals, especially for high-profile assets like XRP, would meet rising investor demand and solidify regulatory clarity.
On June 11, VivoPower, a publicly traded company, announced a partnership with the Flare blockchain to generate yield on its XRP holdings.
This move could indicate that institutional players are looking for ways to utilize their crypto assets without liquidating them.
In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury department.
XRP shows signs of price compression
XRP has been trading at around $2.015 since June 23, showing signs of price compression following a sharp decline from recent highs above $2.30.
The Bollinger Bands on the daily and 30-minute charts are narrowing, indicating lower volatility and a possible breakout.
On the 1-day chart, the Relative Strength Index (RSI) is at 43.68, signaling slightly declining momentum but not yet oversold.
The MACD remains slightly below the signal line with negative histogram bars, suggesting that sellers remain in control. The price has fallen below both the middle Bollinger Band and the 20-day SMA, which could act as resistance at $2.03 and $2.11, respectively.
On the 30-minute chart, the RSI has recovered to 52.19, while the MACD is showing a bullish crossover, indicating short-term strength. Support was found at $1,996, and a slight recovery followed.
The 1-minute chart shows mixed momentum: the RSI is hovering around 41.74 and the MACD is flattening after a brief bullish attempt.
If XRP holds above the psychological level of $2.00, a retest of the resistance at $2.03 is likely. A break below $1.996 could expose the lower support at $1.93.

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Big news for $XRP holders! 🔥 The U.S. SEC is nearing its decision on the first-ever Spot XRP ETF 🧾. ProShares and Franklin Templeton have submitted proposals — with decisions expected as early as June 17 & June 25 📅.

If approved ✅, this ETF could open doors for institutional investors 🏦, boosting XRP's liquidity 💧, adoption 🌍, and long-term value 📈.
Already, XRP is showing strong signs 💪 — active addresses jumped from 40K to 295K daily 📊, and 2,700+ whale wallets now hold over 1M XRP 🐋💼.
With $3.74B trading volume and a 7.35% daily price surge, XRP may break key resistance levels soon 🔼.
Stay alert 👀 — if approval hits, XRP could shoot toward $3.50+ 🚀
But remember: delays or rejection may bring a short-term dip 🔽
👉 Do you think XRP is ready for
a breakout?
#xrp #XRPETFApproval

Purpose Investments is officially launching the first $XRP Spot ETF on the Toronto Stock Exchange (TSX) this Wednesday, June 18, after getting full approval from the Ontario Securities Commission (OSC).
Here’s what you need to know:
✅ Ticker: $XRPP
✅ Backed by real #XRP
✅ Regulated by Canadian government
✅ Available in CAD and USD
✅ Can be added to RRSP & TFSA accounts
#Ripple price already jumped over 10% after this news — and this move could bring big money from institutions just like we saw with #Bitcoin and #Ethereum ETFs.
Why this matters:
Canada is stepping ahead with crypto adoption — while other countries are still unsure.
⚡ Big moment for Ripple
⚡ Positive signal for altcoins
⚡ New opportunities for everyday and big investors
📊 Daily Crypto News | Price Alerts | Altcoins Gems

#XRPETFApproval $ALT $MAGIC

Industry Expert Examines the Potential Impact of 20 XRP ETFs

Cryptocurrency analyst Rob Cunningham explores the market impact if 20 financial institutions launch XRP-based ETFs. His research suggests that these funds could collectively accumulate 4 billion XRP tokens, representing 6.9% of the circulating supply.
Parallels with Bitcoin’s ETF-Driven Rally
The SEC’s recent acknowledgment of 19b-4 filings for multiple XRP ETFs has fueled speculation about how institutional adoption could affect the asset’s price. Cunningham argues that, much like Bitcoin’s ETF approvals, institutional accumulation could create supply pressure, driving XRP’s value higher.
Key Catalysts for Broader XRP Adoption
Beyond ETFs, several factors could further boost XRP demand:
Regulatory clarity in the U.S.: Cunningham notes that Bitcoin saw a surge in institutional investments following its spot ETF approvals. A similar regulatory green light for XRP could encourage large-scale adoption.Expiration of 1,700 Ripple NDAs: The analyst speculates that these expirations may reveal major undisclosed financial partnerships, potentially fueling greater demand for XRP-based investment products.
Cunningham and other experts plan to discuss these topics in an upcoming X Space session.
ChatGPT’s Analysis of XRP’s Market Potential
ChatGPT highlights that institutional-grade XRP ETFs would "de-risk" the asset for hedge funds, pension funds, and other financial institutions that have hesitated to invest in cryptocurrencies directly.
The AI also points out that ETFs would enable a broader expansion of XRP investment products, allowing registered investment advisors, mutual funds, and brokers to incorporate XRP into traditional portfolios via retirement accounts and ETF-based derivatives.
A Flywheel Effect on Market Demand
ChatGPT describes a “flywheel effect”, where each surge in demand fuels the next, a pattern observed in other cryptocurrencies after gaining institutional adoption.
Finally, the AI compares this scenario to BlackRock’s Bitcoin ETF approval, which created supply constraints and contributed to Bitcoin’s sharp rally. A if Ripple’s NDA expirations unveil major financial partnerships, reinforcing institutional demand and accelerating price growth.
#XRPETFApproval
$XRP