🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
🚀 XRP ETF Goes Live: Game-Changer or Hype?🚀
Whoa, the crypto world just got a massive jolt—REX-Osprey's spot XRP ETF ($XRPR) is set to debut this Thursday, September 18, alongside the Dogecoin ETF ($DOJE). As the first U.S. ETF tracking XRP, the world's third-largest crypto by market cap (clocking in at ~$178B with a circulating supply of 59.6B tokens), this feels like the altcoin moment we've been waiting for. My first reaction? Pure adrenaline. XRP's been battling regulatory dragons for years (hello, SEC saga), and now institutional money could flood in without the custody headaches. It's validation for Ripple's cross-border vision, and honestly, it makes me bullish AF—could this finally propel XRP past its 2018 ATH of $3.84?
Diving into the short-term vibes: Let's peek at the XRP/USDT chart. As of today (Sep 16), XRP's trading at $2.983, down 1.71% in the last 24h (high: $3.049, low: $2.954), with solid volume at 63.56M XRP (~$190M USDT turnover). Over the past week, it's been a rollercoaster of anticipation: climbing from $2.95 on Sep 10 to a peak of $3.12 on Sep 14, before a mild pullback to current levels—classic pre-launch jitters forming a bullish flag pattern. Support holds firm around $2.95 (Sep 10 low), with resistance at $3.10 (recent high). Liquidity? Expect a spike—ETFs democratize access, drawing in retail and institutions, potentially boosting daily volumes 2-3x as we saw with ETH's launch. Short-term price? A 10-20% pop to $3.50+ on debut day isn't wild if inflows mirror early hype.
Now, stacking it against the OGs: Bitcoin spot ETFs have raked in over $2.2B just last week alone, with cumulative 2025 inflows pushing totals north of $20B since launch. Ethereum's done $13.36B in net inflows YTD, fueling ETH's surge to new highs and ballooning AUM to $30B+. XRP? With its utility in payments and a pent-up $182B market cap waiting to flex, this ETF could siphon altcoin capital from SOL/BNB flows, becoming the next hotspot. If even 5% of BTC/ETH inflows rotate here ($1B+), we're talking $4+ XRP by Q4. But risks? Regulatory whiplash or broader market dumps could cap it.
What does XRPR mean for XRP? It's the bridge to TradFi legitimacy, unlocking billions in sidelined capital and cementing XRP as a blue-chip alt. Bullish thesis intact—loading up before Thursday? 👀
#XRP ETF Goes Live# #Gate Square Mid Autumn Creator Incentive#