📊 Analysis: Spot ETF of $XRP – the next big market catalyst
The market is focused on the key dates in October when several institutional issuers will submit their applications for a Spot ETF of XRP to the SEC.
🗓️ Decision calendar:
Grayscale — October 18
21Shares — October 19
Bitwise — October 20
Canary Capital — October 23
WisdomTree — October 24
Franklin Templeton / CoinShares — October 25
🔹 Context:
Following the approval of Spot ETFs for Bitcoin and Ethereum, institutional interest has shifted towards XRP. An approval here could validate the asset as a strong alternative for direct exposure to the liquidity of RippleNet and its payment infrastructure.
🔹 Potential impact:
Increased inflow of institutional capital.
Increase in spot demand and reduction of liquid supply.
Potential for technical revaluation if the macro resistance zone is broken.
🔹 Key points to watch:
Market reaction to the first decision (Grayscale).
Volume behavior on exchanges and derivatives.
Response of the XRP/USDT pair to global market sentiment.
📈 If a Spot ETF of XRP is approved, we could be entering a new cycle of institutional accumulation within the crypto ecosystem.
