Asset Manager Volatility Shares Files for Three XRP ETFs

Asset manager Volatility Shares has filed for three XRP exchange-traded funds (ETFs): XRP ETF, 2x XRP ETF, and -1x XRP ETF, indicating growing institutional interest in the XRP token.

This filing follows Volatility Shares’ recent applications for two Solana futures ETFs—SOLZ and SOLT—which appeared on the Depository Trust and Clearing Corporation (DTCC) list in late February.

> Volatility Shares files for three XRP ETF’s pic.twitter.com/wdLUJW9pja
> — XRPDAILY (@XRPXLMVERSE) March 7, 2025

XRP Price Prediction: Will ETFs Unleash a Bull Run?

The filing of these ETFs could mark a turning point for XRP, particularly as Polymarket data suggests a 76% probability of a spot XRP ETF approval by 2025.

Still, expectations for approval before July 31st remain low at 32%, reflecting the SEC’s historically cautious approach toward crypto ETFs.

Related: XRP Price Prediction March 8: Bulls vs. Bears at $2.60 & $2.40 — Trader’s Guide

XRP Price Analysis: SEC’s ETF Nod–What It Signals

Interestingly, the SEC has acknowledged a 19b-4 filing by the New York Stock Exchange (NYSE) and asset manager Grayscale regarding an XRP ETF, marking the first time it has officially responded to such a proposal. This sets a 240-day countdown for the Commission to decide on the matter.

> Shocked more people aren’t talking about SEC accepting XRP ETF filing…
> They have open litigation w/ Ripple.
> Meanwhile, they just acknowledged filing of ETF holding asset in dispute (they easily could have rejected this filing).
> Enormous message IMO.
> — Nate Geraci (@NateGeraci) February 14, 2025

While the SEC has also acknowledged applications for Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE) ETFs, the XRP case stands out because of the ongoing lawsuit against Ripple, the token’s issuer. The regulator’s upcoming decision could set a precedent for how it treats other altcoins in the ETF market and their potential pricing.

XRP Price Watch: Teetering at $2.36–Forecast Bearish or Bullish?

At the time of writing, XRP trades at $2.36, down 5% in the past 24 hours. The 20-day exponential moving average (EMA) at $2.44 is acting as immediate resistance, with the price struggling to get above this level.

The daily chart shows that the Relative Strength Index (RSI) stands at 46.56, suggesting neutral momentum—sitting just below the 50 level. A move above 50 could indicate renewed bullish strength, while further declines could confirm bearish control.

XRP Price Target: $3.00 or Lower? – Key Levels to Watch

On the other hand, the XRP price action is nearing the lower Bollinger Band, indicating oversold conditions. This suggests that a bounce is possible if buying pressure emerges, but a breakdown could trigger further losses.

Related: XRP Bull Run Ignition? Analyst Predicts Major Price Surge, Cites Key XRP Patterns

XRP must reclaim $2.44 (20-day EMA) and $2.50 psychological resistance to regain bullish momentum. If the price fails to hold the $2.30 support, further downside toward $2.00 could be likely. Conversely, a break above $2.50 could allow a retest of $3.00 in the near term.

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