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Anjali Belgaumkar

Reviewed by: Qadir AK

Jul 02, 2025 02:42 UTC

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Ripple Price Prediction As SEC Approves First XRP ETF

 XRP $ 2.28 (3.96%) 

Story Highlights

SEC approves Grayscale ETF including XRP, Bitcoin, Ethereum, Solana, and Cardano, marking a major step for multi-token ETFs.

XRP struggles to hold above $2.20 after ETF news; reclaiming $2.25 could spark a rally, but $2.16 support is critical.

Big news for the crypto world. The U.S. Securities and Exchange Commission (SEC) has officially approved a new ETF (Exchange-Traded Fund) by Grayscale that includes some of the biggest cryptocurrencies: Bitcoin, Ethereum, Solana, Cardano, and XRP.

This new product is set to become the largest multi-token digital asset ETF in the world. This is a major step forward and could soon open doors for individual spot ETFs for XRP, Solana, and Cardano. Spot ETFs directly track the real-time price of a cryptocurrency, and their approval is considered a huge deal for any coin.

Why This Matters for XRP Price

Since the ETF approval news, XRP’s price has shown some action. On the charts, XRP recently broke above a key resistance level between $2.19 to $2.20, but is now trying to hold above this range to confirm new support.

If XRP can stay above this level, it may aim for the next resistance at $2.25, with a possible wick towards $2.32 to $2.35, an area where strong resistance is expected. If it fails to hold above $2.19, however, the price might drop back to around $2.10 to $2.05. At the moment, XRP’s price trend looks neutral, moving sideways without strong momentum

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