#XRPETFs
**🚀 XRP ETF Frenzy Goes Global: Dubai & EU Firms Race to File First #XRPETFs as $XRP Surges 25%**
The XRP ecosystem is exploding with **three separate institutions** now rumored to be preparing spot XRP ETF filings, sending the token soaring **25% this week**. Here’s why this altcoin ETF arms race matters:
🔥 **Breaking Developments:**
✔ **Dubai’s DFSA** reportedly reviewing first XRP ETF proposal (sources say decision by Q4)
✔ European asset manager **CoinShares** teases XRP ETP plans in latest investor call
✔ **BlackRock’s iShares division** trademarks "IXRP" amid speculation
✔ Ripple’s **stablecoin whitepaper** (due June) expected to boost ETF viability
Market Impact:
• XRP futures open interest **up 89%**
• Ripple’s ODL corridors process **$3B+ weekly volume**
• Key resistance at **$0.60** could break with confirmation
💬 **Would you rather hold XRP directly or via ETF?** Debate below! 👇 #Ripple #Altseason