The post How High Can XRP Price Go After the FOMC Meeting Today? appeared first on Coinpedia Fintech News

The U.S. Federal Reserve will announce its latest interest rate decision at the FOMC meeting today, October 28. The market expects a decent 25 basis point rate cut, a move already priced in by most investors. For that reason, the immediate impact on crypto markets may be limited.

At the time of writing, XRP is trading at $2.65, down about 1% over the last 24 hours. While price action remains muted, traders are closely watching how XRP might react once the rate decision is official.

Calm Before Movement

The broader crypto market has been relatively quiet this week. XRP, in particular, has lagged behind some altcoins that recently surged following ETF approvals, such as Hedera (HBAR) and Litecoin (LTC).

Hedera, for example, jumped nearly 10% in a day after confirmation of its upcoming ETF. That strong move caught many off guard, as the approval was widely expected but apparently not fully priced in. The sharp rally has led some analysts to believe the same could happen with XRP once its own ETF finally gets approval.

Why the FOMC Meeting Matters for XRP

A rate cut generally increases liquidity across markets, encouraging investors to move money into risk assets, including cryptocurrencies. If today’s decision confirms the expected cut, it could support a gradual rebound in XRP and the broader market.

Still, analysts warn that the scale of XRP’s next move will depend on how investors interpret the Fed’s tone. A more uncertain outlook from the central bank could limit gains in the short term.

Short-Term Outlook

From a technical standpoint, XRP faces strong resistance near $2.75 to $2.80, levels that it needs to reclaim to build upward momentum. Some short-term downside toward $2.55 remains possible before a new leg higher.

However, sentiment is improving as market conditions stabilize and excitement builds around a future XRP spot ETF. If fundamentals continue to strengthen, XRP could target the $3 mark soon.

The post Big News: First Spot ETFs for Solana, Litecoin, and Hedera Go Live with $14.4M in First-Hour Volume appeared first on Coinpedia Fintech News

The first-ever spot exchange-traded funds (ETFs) for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) have officially begun trading on Wall Street, marking a historic moment for digital assets beyond Bitcoin and Ethereum.

Early Trading Shows Strong Interest

In the first 30 minutes of trading, Bitwise’s Solana ETF ($BSOL) recorded over $10 million in volume, while Hedera’s $HBR ETF traded $4 million and Litecoin’s $LTCC ETF saw $400,000.

Alt szn catalyst?

SOL, HBAR, and LTC spot ETFs launched with $14.4M in first-hour volume.

BTC moves modestly with ETF flows (0.42 corr), while ETH’s nearly double (0.79).

If these mirror ETH, altcoins could soon move with TradFi money. Watch institutional flows. pic.twitter.com/WqVxbO5mKx

— Surf (@Surf_Copilot) October 28, 2025

Bitwise’s Solana ETF stands out for offering 7% annualized staking rewards with zero management fees, a move designed to attract long-term institutional investors. The underlying SOL tokens are held in secure custody with Coinbase Custody and BitGo, ensuring transparency and compliance with regulatory standards.

How These ETFs Got Approved

This sudden wave of approvals followed a quiet but important change in SEC regulatory guidance earlier this month. As explained by Bloomberg analyst, the update appeared in a Q&A issued by the SEC’s Division of Corporate Finance, specifically Question 11 of 22, which altered the language around the registration process for securities. While the text referenced initial public offerings, ETF issuers interpreted it as a green light for spot crypto funds.

Canary Capital was the first to apply this revised framework on October 7, filing for both its Litecoin and Hedera ETFs. Bitwise followed on October 8 with the Solana Staking ETF, and Grayscale submitted its $GSOL filing the next day. Bloomberg analyst Eric Balchunas confirmed that the SEC’s swift certification of Form 8-A filings was the final step before listing.

Despite the partial U.S. government shutdown, these approvals moved quickly, meaning the SEC’s ETF review pipeline has become more efficient and perhaps more open to digital assets.

What It Means for the Market

The arrival of these altcoin ETFs marks the first big expansion of regulated crypto investment products since the approval of Bitcoin and Ethereum spot ETFs. For the first time, institutional investors can gain direct exposure to blockchain networks that power smart contracts, payments, and decentralized applications beyond the two dominant cryptocurrencies.

The post XRP Left Behind Again as Solana, Hedera, and Litecoin ETFs Set To Go Live Tomorrow appeared first on Coinpedia Fintech News

In a surprising turn of events, spot ETFs for Litecoin (LTC) and Hedera (HBAR) are now officially effective and will begin trading on NASDAQ tomorrow, according to Canary Funds CEO Steven McClurg. Litecoin and Hedera are the next two token ETFs to go effective after Ethereum, and Canary Funds has confirmed their launch tomorrow.

Additionally, Bloomberg’s Senior ETF Analyst Eric Balchunas confirmed that the NYSE has certified the 8-A filings for multiple crypto ETFs, including Bitwise’s spot Solana ETF (SOL) and Grayscale’s GSOL, which will convert on Wednesday.

He said that the Exchange has posted listing notices for Bitwise Solana, Canary Litecoin, and Canary HBAR to launch tomorrow, and Grayscale Solana to convert the day after. Unless there is last-minute SEC intervention, the launches are moving forward.

How Are ETFs Launching During a Government Shutdown?

This set of ETF approvals has raised questions about how such progress is possible during the ongoing U.S. government shutdown. Journalist Eleanor Terrett explained that certain legal provisions allow ETFs to move forward without active SEC oversight.

Under the Securities Exchange Act of 1934, the Form 8-A filing formally registers ETF shares for exchange trading, while the S-1 filing registers them under the Securities Act of 1933.

The NYSE certified all relevant 8-A filings this morning, marking the final procedural step before trading begins. As for the S-1s, issuers included language allowing their registration statements to automatically go effective 20 days after filing, bypassing the need for manual SEC approval.

This mechanism means ETFs can legally go live even when the SEC staff is unavailable, allowing launches to continue uninterrupted despite the shutdown.

However, not every digital asset community is celebrating.

XRP Community Frustrated as Others Move Ahead

While the crypto market welcomes new ETF launches, XRP investors are once again left behind. Legal expert Bill Morgan noted that delays around XRP have become a recurring theme and that the asset continues to be excluded from major developments.

I had a strong feeling XRP Spot ETFs would not be next. There are always delays when it comes to XRP. Always held back. https://t.co/7Vhzi6Cesv

— bill morgan (@Belisarius2020) October 27, 2025

He also said that XRP’s price generally mirrors Bitcoin’s movements, explaining that even multiple ETF approvals would not necessarily drive the token higher if Bitcoin were to fall.