ProShares Ultra XRP ETF Approved for NYSE Arca Listing: A Bullish Leap for XRP Adoption

In a significant development for the cryptocurrency market, ProShares has received approval to list its Ultra XRP ETF on NYSE Arca, with trading set to begin by the end of this week. The ETF, trading under the ticker UXRP, was certified by NYSE Arca in a July 14 filing with the SEC. This leveraged futures-based product aims to deliver 2x the daily return of an XRP index, marking a major milestone for XRP adoption and institutional investment. The approval follows the fund's appearance on the Depository Trust & Clearing Corporation's eligibility list earlier this month, signaling growing confidence in XRP's market potential. This move is expected to attract more institutional investors and enhance liquidity for XRP, further solidifying its position in the digital asset ecosystem. The listing comes at a pivotal time for XRP, as regulatory clarity and increasing demand for crypto-based financial products continue to drive mainstream adoption. With the current date being August 3, 2025, this development underscores the enduring bullish sentiment surrounding XRP and its role in the future of finance.

ProShares Ultra XRP ETF Approved for NYSE Arca Listing

ProShares has secured approval to list its Ultra XRP ETF on NYSE Arca, with trading expected to commence by the end of this week. The fund, trading under the ticker UXRP, was certified by NYSE Arca in a July 14 filing with the SEC. It previously appeared on the Depository Trust & Clearing Corporation's eligibility list earlier this month.

The Leveraged futures-based product aims to deliver 2x the daily return of an XRP index, using derivatives like futures contracts and swap agreements rather than holding XRP directly. This structure allows investors to amplify daily price movements without owning the underlying asset.

ProShares had initially disclosed plans for two additional XRP-linked funds: a Short XRP ETF (XRPS) targeting -1x daily performance and an UltraShort XRP ETF (RIPS) seeking -2x exposure. These inverse products remain pending operational clearance and have yet to appear on the DTCC list.

XRP Retreats 8% Amid Resistance at $3 Ahead of ProShares ETF Launch

XRP faced significant selling pressure, dropping 8% from $3.02 to $2.78 between July 14 and 15. The token tested resistance at $3.02 during morning trading with peak volume hitting 216.12 million, but systematic profit-taking reversed gains. A late-session recovery to $2.87 (+2%) on 112.75 million volume suggested institutional re-entry at support levels.

The drawdown reflects institutional de-risking ahead of the July 18 launch of the ProShares XRP Futures ETF. Regulatory uncertainty surrounding the SEC's digital asset framework continues to weigh on risk models, forcing treasuries to balance early exposure with compliance concerns. Pension and endowment portfolios are particularly active in this new capital allocation vector.

Price action showed clear rejection at $3.02 with bearish structure emerging through lower highs. The $2.95–$2.90 support zone failed overnight before institutional buyers stepped in during the final hour of trading.

Ripple Advances Global Strategy with RLUSD and ISO 20022 Compliance

Ripple is capitalizing on two pivotal developments to solidify its position in the global payments landscape. The Federal Reserve's adoption of the ISO 20022 standard for Fedwire—a move Ripple anticipated by joining the standards body in 2020—validates its compliance-focused approach. RippleNet's preemptive alignment with the new protocol gives it a first-mover advantage in processing richer, error-resistant cross-border transactions.

Concurrently, Ripple is making strategic inroads into Europe with its MiCA-compliant RLUSD stablecoin. The choice of Luxembourg as a hub underscores its intent to operate within regulatory frameworks while expanding its market share. These coordinated efforts signal Ripple's transition from legal battles to infrastructure-driven growth.

Why XRP Price Is Down Today Despite Proshares ETF Launch

XRP's price retreated to $2.86 after a 27% weekly surge, failing to hold above the $3 resistance level. Market observers point to potential whale manipulation and institutional suppression theories as the token struggles to maintain momentum.

The ProShares ETF launch on July 18 failed to sustain bullish sentiment, with technical indicators showing strong resistance between $3.00–$3.02. Black Swan Capitalist's co-founder alleges deliberate price suppression, claiming XRP's cross-border payment capabilities threaten traditional finance systems.

Despite the pullback, some analysts remain optimistic. Ali Charts' technical analysis suggests breakout potential, while others eye the $2.60–$2.80 support zone as a consolidation area before another upward move.

XRP Price Today: Whales Are Buying the Dip Ahead of ETF Launch

XRP's price dipped 3.3% to $2.84 before recovering, with trading volume surging amid whale accumulation. Analysts interpret the MOVE as a strategic repositioning rather than a bearish signal. "This is not a crash. This is a shakeout and a positioning reset," noted one market strategist.

Institutional players appear to be profit-taking above $3 while accumulating at support levels. The volume spikes during dips suggest smart money rotation rather than outright selling. This pattern mirrors historical pre-ETF accumulation phases, though regulatory uncertainties loom over XRP's upcoming ETF debut.

The cryptocurrency currently trades between $2.80 support and $3.02 resistance, with whales actively stacking positions. Short-term traders continue selling into strength NEAR psychological resistance levels. Market makers appear to be collecting liquidity ahead of the anticipated ETF catalyst.

XRP Bull Run Heats Up: Key Resistance At $3.65 Could Unlock $15

XRP has surged past its consolidation phase, now trading at $2.86 with robust bullish momentum. The asset's recent climb from the $2.35–$2.50 accumulation zone to a local high of $2.96 signals renewed investor confidence. A brief pullback suggests early profit-taking, but the overall trajectory remains upward.

Technical indicators reinforce optimism. Exponential moving averages align bullishly, with EMA 20 at $2.48 and longer-term averages trending lower. The $3.65 resistance level emerges as a critical threshold—a decisive break could trigger a macro breakout toward $15, putting XRP within striking distance of its $3.84 all-time high from January 2018.

Market watchers note the parabolic move carries typical sustainability concerns. The next immediate hurdles lie at $2.96 and the psychological $3.00 barrier, with extension targets between $3.25–$3.50 if momentum holds. Eight years after its last peak, XRP's resurgence reflects growing institutional interest in digital assets beyond Bitcoin and Ethereum.