XRP Price Forecast: New XRP ETF Launches on NYSE – Anticipation of Significant Investment from Wall Street

A new exchange-traded fund (ETF) for XRP has just launched on the trading floor, with Bitwise as the issuing firm. Within hours of its introduction, the fund has garnered $100 million in assets, indicating a positive outlook for XRP’s price.

Bitwise previously offered an exchange-traded product (ETP) associated with XRP – the Bitwise Physical XRP ETP.

This product successfully managed $230 million in assets for investors, showcasing Wall Street’s ongoing interest in the altcoin.

A significant day for the XRP community!
This morning, the Bitwise XRP ETF commenced trading on NYSE (ticker: $XRP). With today’s launch, investors now have a new, convenient method to gain spot exposure to XRP, the cryptocurrency aiming to transform the $250 trillion global payments market.… pic.twitter.com/DA295tl6tO

— Bitwise (@BitwiseInvest) November 20, 2025

The launch takes place amid a significant downturn in the crypto market, which has reacted strongly to the Federal Reserve’s shift in its interest rate stance for December.

XRP Price Prediction: XRP May Be Poised for a Recovery as Momentum Indicators Reach Extremes

XRP has fallen 10% to $1.80 as substantial selling pressure pulls the market down.

After breaching a crucial trend line, the price seems to be heading towards $1.77 — the level reached during the flash crash on October 10.

Trading volume has increased by 48% to nearly $9 billion in the last 24 hours, now representing 8% of XRP’s circulating supply.

Momentum is currently in a state of deep oversold.

The Relative Strength Index has plummeted to 24 on shorter time frames, a level that frequently precedes short-term recoveries.

If XRP maintains this position and establishes a double bottom, the recovery path could aim for the $2.30 range, presenting a potential 21% increase from current levels.

For those considering purchasing during this dip, focusing on securing assets and accessing new opportunities should be the priority at this moment.

Best Wallet Token ($BEST) offers more than just crypto storage. It provides early access to top presales, low-fee swaps, and exclusive token launches all in one platform.

This is the type of advantage serious traders seek, particularly when the next breakout is merely one opportunity away.

Best Wallet Token ($BEST) Set to Conclude in 7 Days After Raising $17 Million

Best Wallet Token ($BEST) brings new utility to one of the fastest-growing Web3 ecosystems in crypto.

Beyond merely offering a solution for crypto storage, Best Wallet now provides users with access to exclusive presales, reduced swap fees, and a more seamless experience across over 60 supported blockchains.

$BEST is intended to unify all components within the Best Wallet ecosystem.

From its integrated DEX, which consolidates rates from numerous decentralized exchanges, to forthcoming features like the Best Card, which aims to enhance everyday crypto spending convenience.

To acquire $BEST before the presale concludes, visit the official Best Wallet Token website and connect a supported wallet (or simply download the Best Wallet app).

You can either swap USDT or ETH or utilize a bank card to finalize your purchase in moments.

Buy $BEST Here.

The post XRP Price Prediction: New XRP ETF Goes Live on NYSE – Wall Street Billions About to Flood In appeared first on Cryptonews.