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- 🚨 XRP Gets Its ETF Moment While Ethereum Dominates with Record-Breaking Inflows
🚨 XRP Gets Its ETF Moment While Ethereum Dominates with Record-Breaking Inflows
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CoinGape Newsletter
July 17, 2025
📰 News
ProShares UXRP ETF Launches Tomorrow — A First for XRP!
🚀 ProShares UXRP ETF Launches Tomorrow — A First for XRP!
Big milestone for XRP! 🇺🇸 The SEC has approved ProShares Ultra XRP ETF (UXRP), the first-ever leveraged XRP ETF, going live July 18 on NYSE Arca.
🔹 2x daily exposure to XRP
🔹 Designed for short-term traders
🔹 No need to hold XRP directly
🔹 Signals growing institutional confidence
Also launching: ProShares Ultra Solana ETF (SLON), offering 2x exposure to Solana.
💬 “SLON and UXRP bring next-gen crypto access to investors,” says ProShares CEO Michael Sapir.
This is a major step for crypto ETF adoption. Is a broader altcoin rally next?
Ethereum Heats Up: ETFs Surge, Whales Accumulate, Price Nears $3,400
🚀 BlackRock Leads ETH ETF Inflows
According to SoSoValue, BlackRock’s ETHA topped the charts with $499M in inflows, followed by Fidelity’s FETH at $113M. 📊 US spot Ether ETFs now hold 5M+ ETH — over 4% of total supply, bringing $6.48B in net inflows since launch.
📈 ETH Price Soars
ETH trades just under $3,400, up 8.85% in 24H, as altcoin momentum builds and Bitcoin dominance dips.
Key support levels:
🔹 20-day EMA: $2,866
🔹 50-day EMA: $2,647
🐋 Whales Are Buying Big Notable whale buys:
4,707 ETH for $15.79M (0x52e)
4,413 ETH for $15M (0x310)
2,393 ETH for $8M (0x8af)
All above $3,340 — signaling strong long-term confidence.
📦 Whale 0x35fb also withdrew 7,980 ETH ($26.86M) from Kraken, bringing their weekly total to 88,292 ETH ($298.26M).
📢 Altcoin rally incoming? All signs point to bullish territory. Keep ETH on your radar!
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📊 Markets
XRP Market Watch | Bullish Signal Points to $4.50 Rally
📈 Despite a slight pullback, XRP is flashing strong bullish signals that could trigger a rally toward $4.50.
🔍 Key Indicators to Watch:
🔄 50-day & 150-day SMA convergence — a classic bullish crossover
📊 DMI Indicator: Bulls holding control; positive DI rising, negative DI falling
🚀 ADX pointing up, confirming the ongoing uptrend from $2.24 to $3
🎯 Target: 161.8% Fibonacci extension at $4.50
🧱 Critical Resistance Zone: XRP must break and close above $3.05–$3.16 for the rally to continue.
🔥 Bonus Bullish Signal: A confirmed 7-year breakout pattern suggests a long-term upside — even eyeing a moonshot to $38, per prior CoinGape analysis.
💡 If XRP clears the resistance, the next wave might not just be big—it could be historic.
Dogecoin Price Watch | 130% Rally Incoming?
🚀 Dogecoin (DOGE) is eyeing a 130% rally as a massive 8-month double bottom pattern nears completion.
📈 Key Level to Watch: DOGE must break above the $0.259 resistance to flip the trend from bearish to bullish.
🔍 Current Setup:
DOGE is just 30% below the breakout point
A successful breakout could send price to $0.47
RSI hurdle at $0.19 and 50 level needs to be cleared for momentum to build
🔥 Bullish momentum is building, but everything hinges on sustained buying pressure. A failure to break resistance could flip sentiment bearish.
💡 This could be a make-or-break moment for DOGE in 2024. Traders are watching closely.
