Exciting news is shaking up the cryptocurrency landscape as 21Shares, a leading European digital asset provider, has officially secured approval from the Securities and Exchange Commission (SEC) to launch its long-anticipated XRP exchange-traded fund (ETF) under the ticker “TOXR.” The ETF is set to go live this Friday, November 29, sparking buzz among investors and analysts alike about the potential for XRP’s price to soar beyond the $3 mark. After the recent approval announcement, 21Shares took to social media, energizing the XRP community and prompting many to prepare for what’s ahead.
This new ETF will soon join a growing roster of XRP ETFs that have recently hit the market, including the Bitwise Spot XRP ETF and the Canary Capital XRP ETF. Several others, such as those from Grayscale, CoinShares, and WisdomTree, are still waiting for the SEC’s nod of approval. As the competition heats up, all eyes are on how these developments will affect XRP and other digital assets.
We are ready. You? pic.twitter.com/tlKSzW1xQg— XRP_Cro 🔥 AI / Gaming / DePIN (@stedas) November 22, 2025
Recently, the Bitwise XRP ETF has experienced a remarkable initial surge, as highlighted by CEO Hunter Horsley. The fund recorded inflows exceeding $18 million in just one day, which added up to a whopping $135 million over its first three days on the market. “We are grateful to investors for entrusting Bitwise to steer their assets,” said Horsley, reflecting on the trust and confidence displayed by investors during this pivotal moment.
Farzam Ehsani, co-founder and CEO of VALR, emphasizes that the recent influx of ETF flows is not just a passing trend; instead, it indicates a significant shift in institutional behavior. The enduring interest in XRP—reflected in its remarkable $620 million inflow streak over eight days—suggests that institutional investors are increasingly bullish on altcoins, despite the erratic nature of the market. Ehsani noted, “If this level of inflow continues, we could be witnessing the dawn of a sustainable liquidity recovery, essential for rebuilding market confidence after the recent downturn.”
Analysts are setting their sights on $2.60 as a crucial price point for XRP before it targets the elusive $3 mark. This aligns with the forecast from Ray Youssef, who posits that the momentum from the altcoin ETF boom could trigger an end-of-year rally for XRP, provided that ETF demand holds steady and the macro market volatility decreases.
🚀 Five altcoin ETFs debut next week as ETH, SOL, and XRP capture $318M in flows while Bitcoin records $151M in outflows.#Altcoin #XRP #ETHhttps://t.co/ndhbM7LF9f— Cryptonews.com (@cryptonews) November 25, 2025
Adding fuel to the bullish sentiment, crypto analyst Ali Martinez reinforced the optimism surrounding XRP. Following a bounce off the critical $2.00 support level, XRP’s trajectory now aims for that important mid-channel price of $2.60 before setting its sights on breaking through the $3 psychological barrier. Can this momentum propel XRP above that threshold? Only time will tell.
This week, the broader cryptocurrency market has exhibited resilience, maintaining a total market cap above $3 trillion. Popular memecoins like Dogecoin, Shiba Inu, and Pepe have experienced slight gains, signaling a possible return to risk appetite among traders eager to capitalize on recent market fluctuations. Meanwhile, presale projects are also gaining traction, showcasing innovative offerings that continue to attract investor interest.
Among these, analysts are buzzing about Maxi Doge (MAXI), a token that has already raised over $4.2 million and is generating considerable staking interest with its promise of 73% annual percentage yield (APY). Maxi Doge presents itself as a reimagined take on the Shiba Inu concept, introducing a whimsical bodybuilding Doge character that thrives in high-leverage market environments.
Maxi Doge is built on the Ethereum network as an ERC-20 token, emphasizing real utility beyond aesthetics. A significant portion of its distribution (40%) is earmarked for marketing, while 25% is allocated to the “Maxi Fund,” a community-focused initiative aimed at bolstering its ecosystem.
Currently priced at $0.00027 during presale, MAXI offers investors an enticing entry point with considerable potential for growth compared to established meme coins. With over 10.2 billion MAXI tokens already staked by early backers, critics and supporters alike are eager to see where the future takes this innovative project. Active participation in the presale is already underway, allowing interested parties to secure their tokens using a variety of payment methods including USDT, BNB, ETH, or traditional bank cards. For more information, visit the [Official Website Here](https://maxidoge.com).
As the cryptocurrency world continues to evolve, the interplay between market sentiment, institutional investments, and innovative new offerings like the XRP ETF and Maxi Doge will significantly shape the future landscape. Will XRP finally break through the $3 ceiling? Only time will reveal the answer, but one thing is for sure: excitement is in the air, and investors are ready to see where this journey leads.