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XRP (XRP) climbed supra $2.50 aft Franklin Templeton, Bitwise and 21Shares filed spot ETF applications with the DTCC.
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Bloomberg analysts delegate 95% likelihood to XRP ETF support by November 27 done automatic SEC reappraisal completion.
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Ripple spent $4B connected acquisitions including Hidden Road and GTreasury to span crypto with mainstream finance.
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XRP's (CRYPTO: XRP) surge supra $2.50 this week has crypto traders buzzing. Multiple spot ETF filings by large plus managers deed the DTCC platform, and abruptly regulatory support earlier the extremity of November looks possible.
The filings from Franklin Templeton, Bitwise and 21Shares brought caller optimism to a marketplace that's been waiting for this moment. Investors are keeping a adjacent oculus connected XRP arsenic momentum builds. Growing organization interest, rising trading volumes, and striking similarities to Bitcoin's pre-ETF rally person traders asking: could XRP soon trial $3?
Over the past six months, XRP has been connected a chaotic ride. The token started the play successful mid-May 2025 astatine astir $2.55 earlier slipping to $2.12 successful precocious June (its lowest level of the cycle). Momentum returned done July, pushing prices to $3.28 successful aboriginal August, conscionable abbreviated of the $3.65 all-time precocious acceptable connected July 18.
After the summertime rally, XRP cooled off. September and October corrections snapped the terms backmost to $2.36, past leveled retired successful the existent scope of $2.48-$2.53. The volatility hasn't frightened everyone away. With caller regulatory clarity and organization involvement, XRP has climbed much than 320% implicit the past year.
The caller rebound coincides with caller ETF filing optimism. Traders present spot the $3 portion arsenic the adjacent cardinal battleground, 1 that could specify XRP's adjacent large move.
The latest question of XRP ETF filings has injected superior vigor into the market. On November 7, the Depository Trust & Clearing Corporation (DTCC) updated its listings to see respective spot XRP ETFs from large issuers specified arsenic Franklin Templeton, Bitwise, Canary Capital, and 21Shares.
These products stay successful "pre-launch" mode, pending SEC approval, but the timing has traders excited. The setup mirrors the aforesaid pre-approval signifier seen earlier Bitcoin and Ethereum ETFs went unrecorded earlier successful 2025. The filings triggered a 20-day SEC reappraisal window, which could pb to automatic support if nary objections are raised by November 27.

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