XRP Surges 3.57% to $2.86 as ETF Launches Fuel Record Trading and Institutional Demand

XRPUSDT has experienced a notable price increase over the past 24 hours, rising 3.57% to $2.8581 on Binance, with this upward movement primarily attributed to heightened market interest following the launch and upcoming announcements of several XRP-focused Exchange-Traded Funds (ETFs) by firms such as ProShares, Tuttle Capital, Volatility Shares, and REX-Osprey. The ETF-related developments have driven significant institutional participation and large-scale accumulation, contributing to strong trading volumes and positioning XRP as the third-largest cryptocurrency by market capitalization. As of July 14, 2025, XRP maintains robust trading activity, with a 24-hour open of $2.7596, a high near $2.975, and a trading volume of approximately $7.34 billion, reflecting sustained investor engagement and positive sentiment surrounding ongoing ETF launches and related events.