Will XRP Break $3 Soon With ProShares XRP ETF Launch?โ€

Key Notes XRP daily active addresses have jumped 124% since the beginning of July. XRPโ€™s Relative Strength Index (RSI) has entered overbought territory above 70, typically indicating strong momentum. Market sentiment is buoyed by the SECโ€™s approval of the ProShares Ultra XRP ETF (UXRP), which offers 2x daily leveraged exposure to XRP via futures. Amid the broader crypto market upside on July 16, XRP XRP $2.93 24h volatility: 1.1% Market cap: $173.33 B Vol. 24h: $7.42 B price is showing strength with 3% upside, and eyeing a quick breakout past…

BlackRockโ€™s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst

Senior Bloomberg analyst Eric Balchunas says that BlackRockโ€™s Bitcoin (BTC) exchange-traded fund has surpassed the $80 billion landmark faster than any ETF in history. In a new thread on the social media platform X, Balchunas says that the iShares Bitcoin Trust ETF (IBIT) is now worth $83 billion, the 21st largest ETF overall. โ€œIBIT blew through the $80 billion mark [on Friday], fastest ETF to get there in 374 days, about 5x faster than the previous record, held by VOO, which did it in 1,814 days.โ€ Source: Eric Balchunas/X Balchunas…

ProShares XRP ETF on July 18: Will XRP Explode Next Week?

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…

XRP price surges as new Ripple ETF nears $250m milestone

XRP just posted its biggest weekly rally in months, surging nearly 80% from April lows to hit a five-month high on Friday. The rally mirrors broader strength across the crypto market, as investors pile into risk assets amid fresh regulatory momentum and a record-breaking run for Bitcoin. The Ripple (XRP) token jumped as high as $2.9695 on July 11, its highest level since March 2, driven by three key factors: Bitcoinโ€™s (BTC) surge to an all-time high of $118,300, accelerating inflows into the new leveraged XRP exchange traded fund, or…

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Blackrockโ€™s IBIT Shatters ETF Records, Hits $80 Billion AUM in 374 Days

Blackrockโ€™s IBIT has officially become the fastest exchange-traded fund (ETF) to reach $80 billion in assets under management (AUM), hitting the milestone in just 374 days and helping push total spot bitcoin ETF assets past $140 billion. IBIT Rockets to $83 Billion, Fueling Spot Bitcoin ETF Boom Past $140 Billion Blackrockโ€™s iShares Bitcoin Trust (IBIT) [โ€ฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal