Record XRP Price, Whale Activity, and ETF Launch: Why All Eyes Are on Ripple’s Next Chapter

On July 17, Larsen 7.6 million XRP worth $30M to ceypro exchange Coinbase just one day before XRP hit a new all-time high (ATH) of $3.65, sparking intense speculation across the crypto community.

A transfer of this magnitude from one of XRPs biggest holders invariably creates market ripples.

As XRP approached its ATH, such a move naturally triggered speculations , for instance, is Larsen selling, reallocating, or simply managing liquidity？

Nevertheless, Larsen‘s precise motivations remain undisclosed, but whether it’s a strategic repositioning, partial cash-out, or confidence signal, the transfer exemplifies how XRPs biggest stakeholders steer both price momentum and market psychology.

Paired with regulatory clarity and institutional adoption, this episode signals XRPs evolution from speculative play to a legitimized fintech asset.

Why ProShares XRP Futures ETF Is Being Welcomed With Open Arms

The ProShares Ultra XRP ETF under the ticker , offering 2× daily leveraged exposure to the Bloomberg XRP futures index, marking a watershed moment for XRP-centered investing.

Within days of launch, UXRP saw a surge in trading volume, reflecting its immediate resonance with both institutional and retail investors.

Regulatory Clarity & Market Confidence

The SEC and NYSE Arcas approval of UXRP, a leveraged XRP futures exchange-traded fund (ETF), is a major regulatory milestone.

Coming on the heels of XRP‘s legal stabilization following Ripple’s favorable 2024 court ruling, this ETF signals that XRP has transitioned from fringe asset to mainstream financial instrument.

Plug-and-Play Access for Institutions

UXRP brings futures-based XRP exposure into traditional brokerage accounts, bypassing the complexities of wallets, custody, and crypto exchanges.

Institutional players, such as hedge funds, asset managers, and proprietary desks, can now tactically leverage XRP positions without grappling with on‑chain custody.

Surge in Pre‑Launch Price & Volume

In the days leading up to the launch, XRP broke above the $3 psychological ceiling for the first time in months, surging past $3.20 on massive volume of more than 170 million XRP, indicating structured flows.

The fear of missing out (FOMO) was further stoked by breakout patterns and tight Bollinger Bands.

Structured Leverage & Tactical Alpha

UXRP delivers amplified daily returns, whether calls or puts through futures derivatives and daily rebalancing.

For traders and tactical investors, this doubles the reward lever compared to spot XRP, while offering a regulated alternative to risky exchange-held leverage.

Institutional Inflow and Price Impact Market analysts are eyeing initial flows of more than $500 million with early estimates suggesting that inflows on this scale could push XRP prices toward the psychological price of $4.

Meanwhile, XRP recently eclipsed Tether to sit among the top three cryptos by market cap, fueled by ETF momentum.