REX-Osprey's XRP ETF Launch: Pushing XRP to a New ATH?

REX-Osprey's XRP ETF launch sparks market excitement, potentially driving XRP price towards a new all-time high. Will it break the $3.84 barrier?

REX-Osprey's XRP ETF Launch: Pushing XRP to a New ATH?

The cryptocurrency world is buzzing! REX-Osprey launched the first XRP Spot ETF in the US on September 12, greenlit by the SEC after a 75-day review. Could this be the catalyst for XRP to finally smash its all-time high?

REX-Osprey Gets the Green Light, Franklin Waits

While REX-Osprey is celebrating, Franklin Templeton's XRP ETF application is facing delays. The SEC's decision to postpone the review until November 14 highlights a case-by-case approach, emphasizing the significance of REX-Osprey's successful launch.

Market Reaction and the Road to a New ATH

The market's reaction to the REX-Osprey news has been overwhelmingly positive. XRP has rebounded from a low of $2.75, showing a near 10% recovery and testing resistance at $3.20. Trading volumes have also seen a significant jump. Historically, similar ETF approvals for Ethereum and Bitcoin led to substantial rallies. If XRP follows suit, a new ATH above $3.84 could be within reach in the coming weeks, maybe even hitting $4.20 by late November 2025! But, keep an eye on those inflows and potential profit-taking points.

SolMining and Passive XRP Income

Beyond the ETF buzz, there's also SolMining, which allows XRP holders to earn passive income through cloud mining contracts. It's a way to put your XRP to work without selling it. Could be a sweet deal, potentially earning you up to $9,800 a day!

The Bottom Line

The REX-Osprey XRP ETF launch is a major milestone. If institutional interest remains strong, we might just see XRP surge past its $3.84 ATH and beyond. But remember, crypto is a wild ride, and market momentum is key. So, buckle up and enjoy the show!