Based on TheStreet Crypto, XRP surged minutes before the potential launch of the first U.S. spot XRP ETF, XRPC, following Nasdaq's certification of the listing. The ETF could begin trading as early as Thursday, pending SEC effectiveness. Analysts note that the Nasdaq letter is procedural and not a final green light. The Crypto Fear & Greed Index hit 15, signaling extreme fear, while on-chain data shows large whale activity before the ETF news. Retail traders entered after the announcement, increasing market volatility. XRP rallied through key resistance levels with a 31% surge in volume, outperforming Bitcoin, Ether, and Solana.
XRP ETF Set to Launch Amid Market Fear and Whale Activity
The Street CryptoShare
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