Citing DailyCoin, XRP's price rose by 4% to around $2.60 despite ongoing delays in ETF approvals and mixed institutional sentiment. CoinShares' report shows $84.3M inflows into XRP, but institutional interest remains cautious due to legal hurdles and the U.S. government shutdown. The SEC's backlog has pushed key XRP ETF deadlines to late 2025, freezing reviews for proposals from Grayscale and Bitwise. Retail sentiment turned bullish, while smart money remains bearish. XRP is trading in a range between $2.57 and $2.70, with a potential breakout above $2.69 seen as a path to $3.
XRP Price Rises Amid ETF Delays and Mixed Institutional Sentiment
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