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Crypto

XRP Gains Traction in Proposed ETFs with 4.36% Index Weight

Guavy AI Editorial Team
Instruments
XRP
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Ripple's XRP token is gaining traction in the cryptocurrency market due to its inclusion in two proposed exchange-traded funds (ETFs).

Cryptex Digital Market Cap ETF has listed XRP at a 4.36% index weight, making it one of the top holdings in the portfolio.

Separately, Teucrium's 2x Short Daily XRP ETF has been delayed until October 11, but this is not related to the approval status or market launch.

XRP's price has drawn attention recently due to its inclusion in these proposed funds, with some analysts watching the $1.38 to $1.40 reaction zone as a key technical reference.

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