XRP News Today: XRP Rises as Franklin Templeton and Bitwise XRP ETF Launch Nears

XRP, the fourth-largest cryptocurrency by market capitalization, behind top performers like BTC, ETH, and SOL, is exhibiting bearish momentum in the market despite the ongoing ETF optimism. Canary Capital beat the Solana ETF on its first day of trading by recording $58 million in trading volume, which is the highest for any ETF launch in 2025 till now. Bitwise Solana ETF managed to exhibit approximately $57 million in day-one volume. Despite the active ETF optimism following the Canary Capital launch and the upcoming Franklin Templeton and Bitwise XRP ETF rollouts, XRP is still struggling in the cryptocurrency market, with technical indicators MACD and 14-Day Relative Strength Index. indicating bearish momentum and a “Strong Sell” signal. 

XRP price today is $2.25, trading just above its $2.20 support level. According to the market experts, any movement below this particular point will lead to steep price drops. XRP’s candlestick chart shows a gradual upward trend, hinting at a possible recovery with a 0.6% rebound in the past 24 hours. The latest reports suggest that XRP’s ongoing price drop has extended its losing streak to sis sessions, marking its longest losing sequence since September 2025. Prominent cryptocurrencies like Bitcoin, Ethereum, and Solana have all exhibited a market downtrend. BTC dropped below $93,000 for the first time since April 2025, and it triggered a market pullback weighing on XRP and other altcoins.    

Franklin Templeton and Bitwise XRP ETF Launch Scheduled for This Week

XRP ETF launch and market optimism are the topics of discussion in the cryptocurrency sector. According to the latest information, Franklin Templeton is all set to launch their ETF products on Tuesday, November 18, 2025, and the management firm will become the largest XRP-spot ETF issuer by assets under management. Bitwise XRP ETF is expected to be launched on Thursday, November 20, 2025, marking the third XRP ETF launch this month. Media reports that rival issuers like 21Shares, CoinShares, and Grayscale are planning their XRP ETF offerings and could arrive soon. The latest information suggests that nine XRP ETFs are preparing for their rollout across the week of November 18 to 25. Market experts believe that these competitive entries could enhance XRP’s institutional adoption and benefit the whole cryptocurrency market.  

The SEC has accelerated the ETF approval process after ending the 43-day U.S government shutdown. The regulating agency allowed complaint filings to skip the customary delay period, allowing for quicker ETF launches and making a big difference in XRP’s market performance. The experts hope that if ETF launches continue to make an impact and strengthen XRP’s market momentum, the fourth-largest cryptocurrency could see all-time high targets, with a guaranteed rally above $3 psychological point and a maximum price of $5 and beyond.

Here are the upcoming details of the XRP ETF launches    

XRP was heading into its biggest ETF week yet. Over the next 10 days, nine XRP ETFs were launching – one of the fastest rollouts that had been seen for any asset, even compared to BTC’s early ETF phase. And with issuers of that scale, the industry was paying attention. ETF Momentum had kicked off with Canary Capital’s XRPC hitting $58M on day one. But the key moment was set to arrive on November 18, when Franklin Templeton – a $1.5T asset manager – would launch its EZRP ETF, market analyst DavidTheBuilder stated.