XRP Rises 3% Intraday on Futures ETF Approval

Uk Jin

Summary

XRP reportedly rose 3.01% intraday, buoyed by news of futures ETF approval.
As of the morning of the 28th, XRP's price was $2.26, showing an upward trend while major assets like Bitcoin remain stagnant.
The SEC's approval of three ProShares XRP futures ETFs scheduled for release on April 30, 2025, was cited as a strong factor.

XRP is showing an upward trend intraday.

As of 8 AM on the 28th (KST), XRP is trading at $2.26, up 3.01% from the previous day according to CoinMarketCap. This is a solitary upward trend achieved while major cryptocurrencies, including Bitcoin (BTC), mostly remain stagnant.

The strong performance of XRP today is attributed to the anticipation of the launch of XRP futures exchange-traded funds (ETFs). The previous day, the U.S. Securities and Exchange Commission (SEC) approved three ProShares XRP futures ETFs scheduled for release on April 30, 2025.

XRP