ETF and Budget Deal: Why XRP Could Surge Sharply

0 Reading time: 3 min. okasks_editor

The American clearing corporation DTCC has added nine spot XRP-ETF to its list at once. This has increased expectations that trading could start as early as November if the SEC gives approval.

Amid a possible deal in the Senate to end the U.S. government shutdown, there is a chance that the regulator will speed up review of applications. In this case, the price of XRP may rise to $2.46.

The DTCC List Expands the XRP-ETF Lineup

The list includes Bitwise XRP ETF and Franklin XRP ETF, as well as seven more funds: 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) and Volatility Shares 2x XRP ETF (XRPT). All this indicates that the market is ready for launch.

Progress in the Senate on ending the 40-day shutdown could return the SEC to full operation, increasing the chances of approval. However, uncertainty around the Ripple case, which has been ongoing since 2020, still poses risks. A decision on the case is expected by the end of the year.

Over the past week, XRP trading volume has grown to about $27.3 billion.

XRP’s trading volume

XRP trading volume. Source: CoinGecko

Global Markets Watch Regulators

The price of XRP rose to $2.45 after breaking through the 50-day moving average. Analysts believe that in the first quarter of 2026, the price could reach $3.

From a technical perspective, the nearest support levels are at $2.00 and $1.90. Resistance is at $2.50 and $2.62.

the-50-day-moving-average-targeting-$3

Breaking the 50-day average could open the way to $3. Source: FXEmpire

Such growth is happening against the backdrop of successes of XRP-ETP in Europe, while Asia is taking a more cautious stance. For example, exchanges like Bitget are still waiting for a signal from US regulators. Analysts warn: if the SEC delays approval again, the price of XRP may roll back to $1.80.

Read also: Ethereum network fees dropped to $0.04 amid declining activity

According to JP Morgan, the launch of the funds could attract from $3 to $5 billion, similar to the inflow into Bitcoin ETF. This will increase interest from institutional investors. If the Senate deal really goes through, the process could speed up, but uncertainty remains for now. The European experience shows what global adoption might look like, but investors are still waiting for clear signals from the SEC and lawmakers.

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