What to Know:
- XRP is experiencing increased attention due to multiple exchange-traded fund (ETF) applications.
- Recent filings and updates suggest that an XRP ETF could be approved as early as late November if the SEC does not object.
- Despite positive ETF news, analysts warn of potential price drops due to whale sell-offs.
XRP is at the forefront of discussions surrounding potential exchange-traded funds (ETFs) that track its performance, with November shaping up as a pivotal month. The market is closely watching developments as multiple ETF applications are underway. However, amidst the ETF excitement, analysts are issuing warnings about potential price corrections.
Recent developments include a new filing from 21Shares that doesn’t include a “delayment amendment,” suggesting a potential launch around November 27 if the SEC doesn’t object. Franklin Templeton has also updated its S-1 filing, positioning its XRPZ application with the Depository Trust & Clearing Corporation (DTCC). Polymarket data indicates high expectations for a spot XRP ETF hitting the US markets this year.
21SHARES FILES 8(A) FOR SPOT $XRP ETF
ETF COULD AUTOMATICALLY GO LIVE AROUND NOV. 27 IF SEC DOES NOT ACT pic.twitter.com/0IfjtAI0X0
— The Wolf Of All Streets (@scottmelker) November 7, 2025
Despite positive news surrounding potential ETFs and company developments, XRP whales are engaging in substantial sell-offs. Data indicates that large market participants have disposed of a significant number of tokens in the last 48 hours, adding to previous offloads. This selling pressure could impact XRP’s price performance in the near term.
$1.90–$2 looks like a magnet for $XRP! pic.twitter.com/6AqLsTwrkY
— Ali (@ali_charts) November 8, 2025
Analysts are cautioning about potential price drops, with one suggesting a possible decline to or below the $2.00 level. This bearish outlook contrasts with the bullish sentiment surrounding the potential approval of XRP ETFs. Investors should remain vigilant and consider these warnings amid the ongoing developments.
While the potential for an XRP ETF brings excitement and could open new avenues for investment, it’s crucial to consider the current market dynamics and heed warnings from analysts. Monitoring whale activity and regulatory decisions will be essential for navigating the XRP market in the coming weeks.
Source: Original article
