XRP’s Institutional Leap: SEC Reviews WisdomTree’s Spot ETF Proposal Amid Market Optimism
The U.S. Securities and Exchange Commission (SEC) has taken a significant step in evaluating the proposed WisdomTree XRP Spot ETF, signaling a potential breakthrough for institutional cryptocurrency adoption. As of May 28, 2025, XRP trades at 2.30690000 USDT, with market participants closely monitoring regulatory developments that could reshape the digital asset landscape. This article explores the implications of the SEC’s deepened review and its potential impact on XRP’s valuation and broader crypto market dynamics.
SEC Advances Review of WisdomTree XRP Spot ETF Proposal
The U.S. Securities and Exchange Commission has initiated a deeper evaluation of Cboe BZX Exchange’s application to list the WisdomTree XRP Fund. The proposed ETF WOULD track XRP’s spot price using the CME CF Ripple-Dollar Reference Rate, marking a potential milestone for institutional cryptocurrency products.
Regulators are now scrutinizing whether the fund complies with Section 6(b)(5) of the Securities Exchange Act of 1934, which governs exchange rules designed to prevent fraudulent practices. This procedural step neither implies endorsement nor rejection, but signals serious consideration of XRP’s evolving regulatory status following Ripple’s partial legal victories.
XRP’s Low Volatility May Signal Massive Rally – Price Targets Above $3.80
XRP trades at $2.29, down 0.47% daily and 3.72% weekly, as low volatility dominates market activity. Analysts interpret this phase as a potential precursor to a bullish reversal, with breakout targets projected up to $3.87.
Technical analysis reveals XRP respecting a descending channel, now approaching a critical support zone at $1.8502. Convergence of trendlines and Fibonacci levels suggests a high-probability reversal if resistance NEAR $2.30 breaks. VipRoseTr’s charting indicates ascending targets at $2.9520, $3.3967, and $3.8767—a 100%+ upside scenario.
Regulatory tailwinds emerge as the SEC advances its XRP ETF review, marking cautious progress in crypto oversight. Declining trading volume signals diminished sell pressure, often preceding volatile upside moves in consolidation patterns.
WisdomTree’s XRP ETF Approval Bid Gains Momentum with SEC Review
XRP is trading around $2.30 as investor Optimism grows over the potential approval of a U.S. spot ETF. The market sees this as a pivotal step toward institutional access and legitimacy for the token. While XRP’s securities classification remains partially unresolved, the SEC’s review of the WisdomTree XRP Trust signals progress.
The SEC has initiated a formal review of the proposed WisdomTree XRP Trust, a spot ETF that would enable traditional investors to gain exposure to XRP without direct ownership. Filed by Cboe BZX Exchange, the ETF would track XRP’s price using the CME CF Ripple-Dollar Reference Rate. Approval could simplify XRP trading by eliminating the need for crypto wallets.
The SEC has called for public feedback under Release No. 34-103124, focusing on investor protection considerations. This MOVE underscores the regulatory scrutiny surrounding crypto ETFs while highlighting the growing institutional interest in digital assets.
XRP Price Prediction: Bull Flag Pattern Sparks $18 Breakout Speculation
XRP has declined 12.3% over the past fortnight, with a 1.9% drop in the last week alone. Despite the bearish pressure, technical analyst EGRAG CRYPTO identifies a potential bull flag pattern—a classical continuation signal following May’s 21.47% surge to $2.63.
The cryptocurrency now trades at $2.3024, 13.28% below its monthly peak. Bull flag formations typically require confirmation through volume and momentum, leaving traders divided on whether this signals a rebound or prolonged consolidation.
Three analytical methods suggest varying upside targets, though the $18 projection remains contentious. Market participants await either a decisive breakout above the flag’s upper boundary or rejection at current levels to determine XRP’s next directional move.
