ETF Greenlight? Government Shutdown Deal Could Trigger Massive XRP Rally
The US Depository Trust & Clearing Corporation (DTCC) has listed 9 spot XRP Exchange-Traded Funds (ETFs), intensifying expectations of a November launch pending US SEC approval.
With the potential US Senate deal to finish the federal government shutdown, this might velocity up SEC opinions and push XRP’s value to a high of $2.46.
DTCC Listing Expands XRP ETF Landscape
The checklist contains Bitwise XRP ETF and Franklin XRP ETF, amongst 9 spot XRP ETFs—Canary XRP ETF (XRPC), Volatility Shares XRP ETF (XRPI), ETF Opportunities T-REX 2x Long XRP (XRPK), CoinShares XRP ETF (XRPL), Amplify XRP 3% Monthly ETF (XRPM), ETF Opportunities T-REX Osprey XRP (XRPR), Volatility Shares 2x XRP ETF (XRPT), and Franklin XRP ETF (XRPZ)—indicating market readiness.
The Senate’s progress in halting a 40-day shutdown might restore SEC staffing, aiding approval. However, Ripple’s unresolved SEC litigation since 2020, with a year-end resolution anticipated, poses dangers. Over the previous week, XRP’s buying and selling quantity elevated to roughly $27.3 billion.
Global Markets Monitor Regulatory Progress
The XRP value surge to $2.45 follows a breakout above the 50-day moving average, with analysts focusing on $3 by Q1 2026.
Technical analysis signifies that near-term assist ranges lie at $2.0 and $1.9, whereas key resistance lies at $2.5 and $2.62.
This motion happens as XRP ETP success contrasts with Asia’s cautious stance. Asian exchanges like Bitget are awaiting readability from US regulators. Analysts warning {that a} delay within the SEC’s regulatory approval might push costs all the way down to $1.80.
JP Morgan estimates a launch might draw $3-5 billion in inflows, just like Bitcoin ETFs, enhancing XRP’s institutional enchantment. The Senate deal, if finalized, might speed up this, although uncertainty persists. Europe’s success provides a worldwide adoption mannequin, however traders await readability from the SEC and legislators.
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