XRP Rockets Past $2! Futures Volume Explodes to $4B as ETF Buzz Builds!

XRP is back with a vengeance, surging past the crucial $2 mark after a brief dip! This impressive rebound comes as futures trading volume for XRP skyrockets to nearly $4 billion, driven by major exchanges like Binance, Bybit, and OKX.

Why the sudden surge?

Institutional demand is on the rise, fueled by growing ETF interest in both Canada and the U.S.

* Canada has already seen XRP ETFs launch on the Toronto Stock Exchange, making it easier for traditional investors to get in on the action.

* In the U.S., the SEC is now reviewing Franklin Templeton's proposed XRP ETF, hinting at a potential shift in regulatory sentiment.

These developments could pave the way for even greater institutional adoption, mirroring the impact of Bitcoin and Ethereum ETFs.

What's next for XRP?

All eyes are on the $2.14 resistance level. With a clear V-shaped recovery and soaring derivatives interest, XRP looks primed for a potential breakout if the current market momentum and ETF tailwinds continue.

#XRP #ETF #CryptoNews #SEC

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