NASDAQ and CME write down XRP ETFs-this starts a new chapter for institutional investors
- XRP futures ETFs are now traded on the Nasdaq and the CME, and the institutional access.
- XRP approaches the important support of $ 2.25 during the market is under pressure and signal the Elliott waves rejection.
With the introduction of XRP-based stock exchange-traded funds (ETFs) two of theworldwide best known financial platforms, Nasdaq and CME a new chapter was opened in the crypto world. Die Introduction of XRP futures ETFs is an important step for institutional participation in the market. The publication of the ETF series coincides with the growing desire of institutions to gain safe and compliant access through which they can invest in digital assets without being involved in the complexity of self-storage and the risks of a central stock exchange.
Ripple CEO Brad Garlinghouse discussed during the Podcasts the company The increase in demand for the ETF structure and described it as a possibility for facilities such as pension funds and foundations, without investing operational problems in cryptocurrencies.
It’s happening. Institutional access to crypto is accelerating.
From the launch of XRP Futures and ETFs on CME and Nasdaq just this week, it’s clear the market is maturing and exposure to crypto is expanding.@bgarlinghouse locks in for 60 seconds and unpacks the excitement… pic.twitter.com/O3ugSDkn8i
— Ripple (@Ripple) May 23, 2025
He explained that The introduction of Crypto greater Movement of the traditional financial industry shows die With the digital economy is connected. For example hat The rise of the Bitcoin ETF, the has already collected 10 billion USD in a very short time, already showed the same trend.
Institutional systems Ingesgraphers XRP firmly into the regulated financial world
By gaining safe access to the cryptoma markets, can The banks XRP finally include in the ETFs and so his profile under the Heavyweights of the sector increase.
This happened after Tectrium launched his 2x Long Daily XRP ETF and thus for a stir under it Dealer worried die received the possibility, With the price of XRP to play and levered returns to achieve. The overall picture, which is drawn by these introductions, also shows that XRP is on the way, A recognized asset for portfolio diversification to become.
Companies like Blackrock First introduced Bitcoin futures ETFs and then turned to the spot ETFs. In the meantime hat XRP the same way, and as a result the asset is visibly welcome on regulated platforms.
XRP course hangs in the hover
But The reaction of the market So far was reserved. The current XRP course of $ 2.34 reflects the moderate enthusiasm the Dealer wider , Since you are more likely to observe the technical patterns in the middle of growing macroeconomic concerns.
The price movement of XRP is immersed in the zone of high sensitivity. The course, which is only slightly under a decisive support area between $ 2.25 to $ 2.26, has brought retailers into a tense waiting position. Dies Is that level with which The 0.382 fibonacci retracement was reachedand was that strongest Support area that has been used in the past six months.
Out of chart A test is currently taking place that is due to the enormous Prints from the macroeconomic side as well as the decline in the classic Elliott wave destination could go in both directions .
Should The level increases, XRP can soon reach $ 2.70. Shouldn’t this be the casethe next stronger buffers come into play at $ 1.90 and $ 1.55, whereby The market is prepared for more volatility.
No Comments