Wall Street Embraces XRP Through Major ETF Launch

As the cryptocurrency sector braces for the Federal Reserve's pivotal interest rate decision, XRP is capturing attention for a separate, bullish development. The digital asset is gaining a significant new gateway into the regulated financial world with the launch of the Bitwise 10 Crypto Index Fund on the NYSE Arca. This move provides traditional investors with fresh exposure, raising the question of whether this institutional endorsement can propel XRP beyond its current trading range.

Despite broader market uncertainty, institutional interest in XRP continues to build. The newly listed Bitwise 10 Crypto Index Fund (BITW), which holds XRP as a core component, began trading today. In a parallel trend, XRP-focused spot exchange-traded funds have now recorded 16 consecutive days of net inflows. These products are approaching a collective $1 billion in assets under management, signaling that institutional demand is increasingly focusing on the asset's long-term utility in payments rather than short-term price volatility.

Whale Activity Presents a Contradiction

Blockchain data reveals a complex picture among large holders. On one hand, long-term oriented "whale" addresses have accumulated approximately 340 million XRP over the past two months. Conversely, last week saw significant selling pressure, with sales totaling 510 million XRP. This substantial sell-off is considered a primary factor preventing a breakout above key resistance levels. In a separate vote of confidence, Ripple's recent funding round secured $500 million, valuing the company at $40 billion and underscoring its credibility with traditional finance players.

Should investors sell immediately? Or is it worth buying XRP?

All Eyes on the Federal Reserve

XRP is currently trading at $2.09, reflecting a cautious market stance. Analysts observe a tug-of-war between bulls defending the psychologically important $2.00 level and bears containing recovery attempts at the $2.22 resistance zone. The prevailing hesitation stems largely from anticipation of the Fed's policy announcement. A hawkish stance from the central bank could dampen risk appetite across markets, while investors are hopeful for signals of future rate cuts.

The asset's near-term trajectory appears heavily dependent on the signal from Washington. A decision to lower interest rates, combined with sustained ETF inflows, could catalyze a breakout above $2.22, potentially setting a mid-term target around $2.50. Should the central bank maintain a restrictive posture, however, XRP may face a test of its support level near $1.94.