XRP Bounces Off $2 After Two ETFs Launch on NYSE Arca
XRP rebounded from the $2.00 support level after two XRP ETFs began trading on NYSE Arca, with buyers pushing the price back up and testing the $2.60 resistance zone. The ETF debut coincided with a noticeable uptick in volume and positive market sentiment, suggesting fresh institutional demand may be entering the market. Why it matters: ETF listings can channel new capital and improve liquidity, which may reduce sell-side pressure and help sustain follow-through moves if flows continue. Traders should watch ETF inflows, trading volumes and BTC correlation; a decisive break above $2.60 would open room for further gains, while failure to hold above $2.00 could bring renewed downside and volatility.