The trading volume of Ripple's XRP ETFs surged 4 to 5 times on July 11, thanks to the price recovery nearing 3 USD.
The strong increase of XRP contributes to boosting the value and liquidity of related ETFs, while investors anticipate the spot ETF product to be approved by the SEC.
MAIN CONTENT
The 2x leveraged XRP ETF XXRP achieved the highest trading volume, increasing 27% in value within 24 hours, ending the week up 55%.
XRP is the standout altcoin this year with an increase of nearly 20%, surpassing many other large assets.
Investors expect the SEC to soon approve the spot XRP ETF, driving market development.
What caused the trading volume of the XRP ETF fund to skyrocket?
According to senior analyst Eric Balchunas from Bloomberg, the 2x XRP ETF XXRP, a product launched in April on NYSE Arca, recorded a trading volume increase of 4-5 times compared to normal levels. The value of this product increased by 27% in 24 hours and a total of 55% for the week.
The 2x leveraged version of XXRP is the first ETF fund to launch before traditional 1x products, marking a historic milestone in the industry.
Eric Balchunas, Senior Analyst at Bloomberg, July 2025
Weekly trading volume reaches 120 million USD, the highest since its launch, thanks to its high-risk nature – high returns when the price of XRP rises sharply. Teucrium is the fund manager of this fund in Vermont.
Why does XRP have strong momentum among altcoins?
XRP stands out in 2025 with an increase of nearly 20% since the beginning of the year, demonstrating superior resilience compared to ETH and SOL – large-cap tokens that have decreased significantly. Currently, the price of XRP is 2.77 USD, equivalent to performance nearly equal to Bitcoin (up 24%) and Tron TRX (up 20%).
XRP is one of the stable-growing altcoins and ranks top in liquidity this year, according to CoinMarketCap and DeFiLlama data.
Bloomberg and DeFiLlama, 2025
Not only XRP, but Ripple's stablecoin RLUSD has also climbed to a supply of 500 million USD, ranking 16th among the top stablecoins in the world, surpassing many names like True USD and Aave GHO.
What do investors expect from the approval of the spot XRP ETF?
Many investors and issuers are waiting for the progress of the U.S. Securities and Exchange Commission (SEC) in approving the spot XRP ETF. The success of future ETFs has proven the strong market potential.
However, the SEC has not yet made a clear decision on the XRP ETF application. The approval has been delayed largely due to the legal lawsuit between the SEC and Ripple, which is gradually showing signs of reconciliation as both sides recently withdrew their cross-appeals.
Opportunities and challenges from the Ripple – SEC lawsuit
The prolonged lawsuit is the biggest barrier to XRP ETF licensing in the United States. The recent reconciliation between the two sides is considered a positive signal, which may pave the way for the SEC to approve the product in the near future.
ETF Fund Weekly Trading Volume (USD) Weekly Performance (%) AUM (USD) Status XXRP 2x Leveraged 120 million +55 163.5 million Active XRP ETF 1x (not yet issued) None None Not determined Not approved by SEC
Frequently Asked Questions
What is XRP ETF and why is it rising sharply? XRP ETF is an exchange-traded fund based on the XRP Token. The sharp increase is due to the good price of XRP and the launch of the unique 2x leveraged ETF XXRP. How does XRP compare to other altcoins in 2025? XRP is among the top altcoins in 2025 with an increase of nearly 20%, surpassing many major coins like ETH and SOL. Has the SEC approved the spot XRP ETF? Not yet, the SEC is still reviewing the XRP ETF application, influenced by the lawsuit between the SEC and Ripple. How does the Ripple and SEC lawsuit affect the market? The lawsuit creates legal barriers for the XRP ETF, but recent reconciliation opens up opportunities for approval in the future. What should investors pay attention to when investing in the 2x XRP ETF? The 2x ETF has high risks but also potential for significant profits when the price of XRP rises, suitable for investors with a high-risk appetite.
Source: https://tintucbitcoin.com/xrp-tang-khoi-luong-etf-tang-gap-5/
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