ProShares XRP ETF on July 18: Will XRP Explode Next Week?
The post ProShares XRP ETF on July 18: Will XRP Explode Next Week? appeared on BitcoinEthereumNews.com.
Key Notes ProShares’ XRP ETF launches July 18, potentially opening the floodgates for institutional investment. Whale wallets holding over 1M XRP hit an all-time high, signaling massive accumulation. Technical indicators show strong bullish momentum, though XRP is currently overbought. XRP is once again in the crypto spotlight amid the upcoming launch of the ProShares XRP ETF and mounting on-chain evidence of bullish whale activity. With the XRP ETF set to go live on July 18, coinciding with the kickoff of Crypto Week in Washington D.C. where US lawmakers where lawmakers will debate the Clarity Act and Anti-CBDC Surveillance State Act. JUST IN: ProShares XRP ETF set to begin trading July 18, 2025.✅ Documented.📝💨 pic.twitter.com/7sUmG8i2oy — SMQKE (@SMQKEDQG) July 11, 2025 ETF Could Supercharge XRP Momentum The official ProShares XRP ETF listing on the DTCC platform has already got XRP enthusiasts buzzing and possibly thinking about the best crypto to buy. The fund is set to go live on July 18 following a Rule 485(b)(1)(iii) amendment. Market analysts suggest this ETF could flood XRP markets with fresh liquidity, increase confidence in XRP’s regulatory standing, and potentially ignite a sharp price rally. Meanwhile, Tuttle Capital and Volatility Shares are also preparing their own leveraged XRP ETFs. Smart Money Is Accumulating According to data from Santiment, wallets holding over 1 million XRP tokens have hit an all-time high of 2,743, with whale addresses now controlling a staggering 47.32 billion tokens. The surge in large-wallet accumulation coincides with XRP’s 26% price rally over the past week and a 8% spike in just the last 24 hours, as per CoinMarketCap data. In total, $30 million in XRP short positions were liquidated as the token surged to a daily high of $2.96, indicating that the bulls are overpowering the bears heading into the ETF launch. XRP…
Filed under: News - @ July 12, 2025 12:29 pm