• XRP trades near $2.40, holding a $2.35 to $2.60 range, while Canary files Form 8-A for an XRP ETF.
• Bloomberg’s Eric Balchunas says the Form 8-A stage often means the ETF can start trading within 48 hours
• Derivatives show lighter longs and lower volume, so traders wait for an actual ETF go-live before bidding XRP higher.

XRP is holding near $2.40, staying inside a tight $2.35 to $2.60 event range even as Canary Capital pushes its XRP ETF toward launch. To note, XRP price has been staying muted despite growing speculation that Canary Capital’s XRP Exchange-Traded Fund (ETF) could launch within the next 48 hours.

Read The Full Article XRP Price Stays Rangebound as Canary XRP ETF Launch Enters 48-Hour Countdown On Coin Edition.

• XRP trades near $2.40, holding a $2.35 to $2.60 range, while Canary files Form 8-A for an XRP ETF.
• Bloomberg’s Eric Balchunas says the Form 8-A stage often means the ETF can start trading within 48 hours
• Derivatives show lighter longs and lower volume, so traders wait for an actual ETF go-live before bidding XRP higher.

XRP is holding near $2.40, staying inside a tight $2.35 to $2.60 event range even as Canary Capital pushes its XRP ETF toward launch. To note, XRP price has been staying muted despite growing speculation that Canary Capital’s XRP Exchange-Traded Fund (ETF) could launch within the next 48 hours.

Read The Full Article XRP Price Stays Rangebound as Canary XRP ETF Launch Enters 48-Hour Countdown On Coin Edition.