XRP ETF Landscape & Technicals
- Observers flagged seven spot‑ETF filings this cycle, naming issuers like Franklin Templeton among the contenders. (x.com) - Alphractal reported XRP trading around $1.45, roughly 60% below its 2025 peak amid the ETF stall. (x.com) - A technical commentator noted a MACD bullish flip and projected a potential 25% rally to $1.80 with $4B–$8B in inflows. (x.com)
XRP’s spot exchange-traded fund push is still stuck at the Securities and Exchange Commission, even after a wave of 2025 filings from Franklin Templeton, Bitwise, WisdomTree, Grayscale, CoinShares, Canary, and 21Shares. (sec.gov) A spot exchange-traded fund holds the asset itself, not futures contracts, and the XRP filings describe funds that would hold XRP plus limited cash or cash equivalents while pricing shares off benchmark rates such as CME CF reference rates. (sec.gov) Bitwise’s Cboe BZX filing reached formal SEC proceedings on May 22, 2025; WisdomTree’s did the same on May 27, 2025; Franklin’s on June 17, 2025; and NYSE Arca’s Grayscale proposal was pushed into an extended review period on August 18, 2025. (sec.gov) CoinShares’ proposal on Nasdaq also moved into proceedings, according to the SEC’s rulemaking page, which lists both a longer review period and an order to determine whether to approve or disapprove the fund. (sec.gov) The filings matter because a spot crypto exchange-traded fund gives stock-market investors a regulated wrapper for direct price exposure, the same basic structure that opened the door to U.S. spot Bitcoin funds in January 2024. XRP still does not have that wrapper in the United States. (sec.gov) Price has lagged the filing burst. CoinMarketCap’s historical data shows XRP closing at $1.4391 on April 23, 2026, close to the roughly $1.45 level cited by market watchers and well below the implied 2025 peak of about $3.63 if that “60% below” comparison is used. (coinmarketcap.com) Technical traders are focused on the moving average convergence divergence, or MACD, which compares short-term and long-term momentum lines. A bullish flip means the faster line has crossed above the slower one, a setup traders often read as improving momentum rather than proof of a sustained breakout. (aol.com) At a $1.45 starting point, a 25% move would put XRP near $1.81, roughly matching the $1.80 target circulating in recent commentary. That kind of move would still leave XRP far below the implied 2025 high near $3.63. (coinmarketcap.com) The unresolved piece is the SEC calendar, not the chart. Until the agency either approves or rejects the pending spot XRP funds, the market has filings, benchmarks, and technical signals — but no U.S. spot XRP exchange-traded fund to trade. (sec.gov)
