The U.S. Securities and Exchange Commission has acknowledged the spot XRP ETF filing from Grayscale and NYSE Arca, raising hopes that XRP may be the next cryptocurrency to receive ETF approval. If approved, this regulatory development could attract significant institutional money, with estimates ranging from $4 billion to $8 billion flowing into the market within the first year. XRP is currently trading around $2.55, with strong resistance at $2.91. The price movement largely depends on whether buyers can build enough momentum to break through resistance levels. Other major asset managers have also filed for spot XRP ETFs, indicating growing demand from traditional finance. The approval of an XRP ETF could significantly change its market standing. Traders should closely monitor key technical levels to determine the next major price swing.



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