XRP ETF Speculation Grows Before Big Week in Congress
XRP ETF – XRP is back in the limelight as speculation heats up over the imminent launch of the first-ever XRP Exchange-Traded Fund (ETF). Legal advocate John Deaton, one of XRP’s most vocal supporters, has stirred excitement on social media by reacting to reports that ProShares could debut an XRP ETF as early as July 18. While there’s no official confirmation yet, the post has fueled market optimism.
“Even if the launch date slips, the mere idea that an XRP ETF is within reach is enough to shift market sentiment,” Deaton implied, reinforcing the idea that XRP is ready for institutional attention after years of legal headwinds.
Price Surge Reflects ETF Optimism
XRP’s price broke past $2.60, marking one of the largest gains among top-cap tokens last week. Although technical indicators like RSI suggest overbought conditions, traders seem more focused on the potential ETF catalyst than short-term corrections. The bullish momentum suggests that institutional confidence may already be brewing behind the scenes.
U.S. Congress Adds Fuel to the Fire
This high-stakes XRP narrative unfolds during one of the most critical weeks for U.S. crypto policy. The House of Representatives is preparing to vote on three major crypto bills: the GENIUS Act (focused on stablecoins), the CLARITY Act (market structure), and the Anti-CBDC Surveillance State Act. Together, these could define the regulatory future for all digital assets, including XRP.
Whether or not Thursday brings an ETF launch, this week marks a turning point. XRP, once battered by legal battles, now finds itself on the verge of becoming a Wall Street-grade asset—a full-circle moment that no one saw coming.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
