XRP Price Prediction: $1.5B ETF Surge Meets New Setback as WisdomTree Withdraws
WisdomTree has put the kibosh on its application for the WisdomTree XRP Fund in the US, citing lacklustre demand and an increasingly...
Quick overview
- WisdomTree has withdrawn its application for the WisdomTree XRP Fund in the US due to low demand and a saturated market.
- Despite this, WisdomTree continues to operate its XRP product in Europe, reflecting a cautious trend among digital-asset sponsors amid tightening regulations.
- Existing US XRP ETFs have accumulated nearly $1.5 billion in net assets, but they still lag significantly behind Bitcoin ETFs in terms of market presence.
- Market conditions are leading ETF issuers to focus on stability rather than expansion, with new launches expected to remain slow until 2026.
WisdomTree has put the kibosh on its application for the WisdomTree XRP Fund in the US, citing lacklustre demand and an increasingly crowded market. The firm had jumped into the XRP ETF fray in 2024, hoping to cash in on growing institutional interest in the 4th-largest cryptocurrency, but that momentum has since fizzled.
The decision to pull the plug comes even as WisdomTree continues to run its XRP product over in Europe, where the WisdomTree Physical XRP (XRPW) is traded on all the big exchanges – Xetra, SIX Swiss, and Euronext. It’s a move that mirrors CoinShares’ own retreat from several planned US XRP ETFs, signaling a broader shift towards caution among digital-asset sponsors as regulatory expectations tighten.
XRP ETFs Build a Quiet $1.5B Footprint
Despite some high-profile withdrawals, existing US XRP ETFs have quietly grown into a sizable chunk of the digital-asset market. According to SoSoValue:
- Since they were launched, total XRP ETF inflows have come to: $1.2B.
- Current net assets are almost $1.5B.
- The top issuers are Canary Capital, Bitwise, Franklin Templeton, and Grayscale.
Still, they’re a long way behind their Bitcoin counterparts, which are still totally dominating inflows, trading volume, and institutional participation. Market conditions have primarily played out to the advantage of early movers, leaving little room for new kids on the block to build up any momentum.
Risk Appetite is Muted for New Crypto ETFs
ETF issuers are now prioritising stability over expansion. Instead of rolling out new products, many are consolidating, trimming their filings, or simply focusing on making their existing funds more liquid.
On the other hand, not every institution is pulling back. Morgan Stanley, with a whopping $1.8 trillion under management, is gearing up to launch a suite of crypto ETFs tied to Bitcoin, Ether, and Solana – an indication that demand isn’t disappearing but becoming a lot more choosy.
Analysts reckon this won’t change through to 2026, when new launches will be as slow as a Sunday stroll while established funds gobble up most of the institutional cash.
XRP Price Prediction – Technical Analysis
XRP is trading just above $2.09 after touching $2.28 earlier in the week. The price is battling a long upper wick, a clear sign of trouble ahead. Price is sitting above the 200-EMA at $2.03, a key support that we saw tested back in January. The 50-EMA has levelled off, reflecting the slowdown after last week’s rally.
XRP is still stuck below a descending trendline that extends back to the October highs, keeping the overall outlook bearish unless buyers can push the price back above $2.16. Recent candles are much smaller now, with shorter wicks, suggesting that selling is slowing rather than going crazy.
Support sits at $1.98 and $1.91, and the RSI is hovering around the mid-40s, indicating the momentum is cooling but hasn’t yet dropped into oversold territory.
Trade Idea: If we can get a confirmed close above $2.16, then the path clears to $2.28; but if we drop below $2.03, the risk is a move all the way down to $1.98.
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