XRP—earth’s pluckiest digital coin, generally minding its own business and quietly surviving lawsuits—is suddenly thrust into the kind of attention you only get when reality takes a nap and dreams of improbable finance. Enter: Trump’s Truth Social, armed with a shiny new index-based Crypto Blue Chip ETF. “ETF” stands for “Everyone’s Totally (Not) Flummoxed,” though if you ask actual financial experts, they will tell you something about “exchange-traded funds” before quietly making a cup of tea and pretending not to notice your puzzled expression. ☕
XRP Squeezes Past Bitcoin To Join Trump’s “Blue Chip” Menagerie
Picture this: A fund. In it, five coins, jostling for relevance like contestants in a particularly adversarial game of musical chairs. Bitcoin, grumpy as usual. Ethereum, a little too eager. Solana, trying to keep its shoes on. Cronos, who just wandered in. And at the end, XRP, having snuck past security with a forged invitation and a sheepish grin.
Trump’s ETF, planned by Truth Social, lovingly sweeps all five into one marketable basket, with XRP allocated a “healthy” 2% share—which is a bit like being the parsley garnish on a monstrous steak, but hey, you’re still on the plate!
This move follows the great cosmic saga of the SEC approving Grayscale’s Digital Large Cap fund. XRP, once the “most suppressed, underestimated asset” (according to resident philosopher and part-time community member Pumpius), now apparently rocks a neon badge reading “fit for institutions.” One can only assume Wall Street and Main Street will soon be drinking XRP-flavored smoothies, if Pumpius is to be believed.
After years as the punchline of joke involving cryptographic lawsuits and existential futility, XRP now finds itself with more validation than a car park on Christmas Eve.
Meanwhile: price action! XRP took one look at the filing, dusted off its hopes and dreams, and leaped above the $2.30 resistance level. Crypto analyst CasiTrades claims that XRP is brimming with “bullish sentiment,” thanks to this ETF kerfuffle. Apparently, the next stops are $2.69, and if the great Fibonacci in the sky wills it, maybe even $3.04. It’s a rally—possibly even a conga line—fueled by paperwork, sarcasm, and untold optimism. 🚀
Why Have One XRP ETF, When You Can Have ALL The XRP ETFs?
Now, as if the universe needed more reasons to behave unpredictably, other XRP ETFs are poised to materialize—potentially all at once, if the SEC’s coffee machine keeps functioning. Crypto influencer Nick, whose job is mainly to exist loudly on Twitter, points to ProShares futures ETFs, still shimmering with hope pending SEC approval. The cutoff date is July 14. Will they be approved? Will someone accidentally email the wrong document and create a Time Paradox? Hard to say.
ProShares, demonstrating the creative range of a child naming pet mice, has three offerings: Ultra ETF, Short ETF, and Ultra Short ETF. All promise “indirect exposure to XRP,” which is exactly what you want out of your financial commitments, right? (Indirect, but with a comforting sense of maybe.)
Meanwhile, the Turtle Capital 2xLong XRP Daily Target ETF is emerging, just in case you weren’t confused enough already. Volatility Shares has entered the arena, filing for an XRP ETF and—wait for it—a 2x XRP ETF. Why have a regular ETF, when you can have one that’s potentially twice as exhausting?
As you read this, XRP is lazing at around $2.42, having gained 5% in the last 24 hours, which is exciting if you like numbers and even more exciting if your pockets are directly involved. Data courtesy of CoinMarketCap, which is presumably run by highly caffeinated statisticians with a whimsical sense of humor.
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2025-07-10 23:18