XRP Institutional Adoption Accelerates with Major ETF Filings Targeting CME Benchmark
Amidst broader cryptocurrency market turbulence, institutional confidence in XRP is reaching new heights as leading asset managers intensify their pursuit of the first spot XRP exchange-traded fund. 21Shares, Bitwise, and Grayscale have all submitted amended filings to the Securities and Exchange Commission, signaling a significant milestone in XRP's journey toward mainstream financial adoption. The timing of these proposals during market downturn conditions underscores the long-term strategic vision these institutional players maintain for the digital asset. The 21Shares filing reveals a particularly sophisticated approach, proposing a passive ETF structure that would track the CME CF XRP-Dollar Reference Rate. This benchmark is widely recognized and trusted by institutional investors, representing a crucial step toward bridging traditional finance with digital assets. The selection of this specific benchmark demonstrates the careful consideration being given to institutional requirements and regulatory compliance standards. This development represents more than just another ETF application—it signifies a fundamental shift in how major financial institutions view XRP's role in the evolving digital economy. The coordinated efforts of multiple asset managers suggest a collective belief in XRP's underlying technology and market position. The CME benchmark integration provides institutional investors with familiar risk management tools and pricing mechanisms, potentially unlocking significant capital inflows that have previously remained on the sidelines due to regulatory uncertainties and market structure concerns. The current market conditions, while challenging for many digital assets, appear to be creating opportunities for well-established cryptocurrencies like XRP to demonstrate their resilience and utility. These ETF filings represent a vote of confidence from some of the most sophisticated players in the asset management industry, suggesting that XRP's legal clarity and established market infrastructure are becoming increasingly attractive in the current regulatory environment. As the SEC reviews these amended applications, the cryptocurrency community watches closely, recognizing that approval could mark a watershed moment for XRP's integration into traditional financial markets and potentially set important precedents for other digital assets seeking similar institutional recognition.
New XRP ETF Filing Targets CME Benchmark Amid Market Turmoil
The race to launch the first spot XRP exchange-traded fund intensifies as major asset managers, including 21Shares, Bitwise, and Grayscale, submit amended filings to the SEC. The proposals come during a broader crypto market downturn, signaling institutional confidence in XRP's long-term viability.
21Shares' filing reveals a passive ETF structure tracking the CME CF XRP-Dollar Reference Rate, a benchmark favored by institutional investors. The fund will custody assets with Coinbase and list on Cboe BZX Exchange, providing traditional market access to XRP exposure without leverage or derivatives.
Market observers note the timing reflects growing demand for regulated crypto products despite current volatility. The SEC's decision on these filings could set precedents for how regulators view XRP's regulatory status following Ripple's partial legal victory last year.
XRP Rebounds 8% as $30B Flows Back In After Trade-War Rout
XRP surged 8.5% in a 24-hour window, reclaiming $30 billion in market capitalization after last week's tariff-induced sell-off. The rally from $2.37 to $2.58 was fueled by institutional demand, marking one of the year's highest-volume sessions. Traders aggressively bought the dip ahead of key macroeconomic developments.
The recovery follows a 50% collapse triggered by U.S. trade policy announcements, which initially erased $19 billion from crypto markets. Analysts now eye a potential weekly close above $3.12—a record that WOULD cement XRP's strongest performance since launch. Despite broad risk-off sentiment in traditional markets, crypto desks reported selective institutional inflows into XRP.
Technical indicators show an ascending channel forming between $2.37 support and $2.59 resistance. A sustained breakout could target $2.70-$2.75, while failure to hold $2.50 may trigger a retracement to $2.42. Momentum remains bullish, with institutional activity driving each upward leg.
XRP Rebounds to $2.55 After 40% Flash Crash, Eyes Key Resistance
XRP has clawed back to $2.55 following a violent 40% plunge to $1.25 during weekend market turmoil, now testing a critical resistance level that historically dictated its 2025 price trajectory. The token's rapid recovery—its steepest intraday rebound this year—signals strong accumulation at support levels.
Whale activity suggests institutional confidence, with on-chain data revealing large holders moving XRP off exchanges during the dip. Momentum builds as ETF progress and improved liquidity could fuel a breakout toward June's $3.60 peak.
XRP Treasury Holdings Surge to $11.5B as Institutional Adoption Grows
XRP's resurgence in 2025 has sparked significant institutional interest, with corporate treasuries now holding $11.5 billion worth of the cryptocurrency. The digital asset traded NEAR $2.63 this year—its strongest performance since 2017—though still below its all-time high.
Japan's SBI Holdings leads corporate adoption with $10.4 billion in XRP reserves, integrating the token into its cross-border remittance services through subsidiary SBI Remit. Singapore's Trident Digital plans a $500 million XRP treasury for staking and ecosystem participation, while Webus International Ltd aims to establish a $300 million reserve for global payments.
XRP ETF Surge Signals Bullish Momentum Amid SEC Filings
XRP is poised for a potential breakthrough as anticipation builds for the first U.S. spot exchange-traded fund (ETF) tied to the cryptocurrency. Recent filings with the Securities and Exchange Commission suggest an XRP spot ETF may soon materialize, marking a pivotal moment for the digital asset market.
Investor interest has surged as multiple issuers updated regulatory filings, signaling readiness for institutional participation. Key details like ticker symbols—typically added in the final stages of ETF preparation—have emerged, reinforcing expectations of an imminent launch. This momentum follows a wave of filings dating back to August, underscoring sustained efforts by major firms to secure regulatory approval.
Nate Geraci of The ETF Institute highlighted the flurry of S-1 amendments, noting filings from Bitwise, Franklin, and Grayscale among others. The inclusion of ticker symbols suggests these funds are nearing completion. Grayscale's MOVE to convert its XRP Trust into a spot ETF further underscores the coordinated push toward institutional adoption.
XRP-Linked Project Tundra's Presale Nears $1.2M Amid Strong Investor Interest
Tundra's Frozen Fortune presale has secured $1.2 million across six phases, attracting 11,612 participants to its dual-token model. The project's Phase 6 offers TUNDRA-S at $0.1 with 14% bonuses, while promising future listings at $2.5 for TUNDRA-S and $1.25 for TUNDRA-X.
Audits by Cyberscope, Solidproof and FreshCoins validate the protocol's hybrid approach combining DeFi yields with traditional finance rigor. The organic growth underscores market appetite for structured crypto projects with transparent accounting.
