SEC Acknowledges 15 XRP ETF Filings, Including Defiance Leveraged Long & Income, as XRP Tests $2.83 Support

• SEC acknowledged 15 pending XRP ETF filings, including a Defiance Leveraged Long & Income filing.

• XRP is consolidating between $2.83 support and $3.08–$3.12 resistance amid mixed technical indicators.

• XRP market cap fluctuated between $165B and $185B, reflecting high sensitivity to price swings and regulatory headlines.

XRP ETF filings: SEC acknowledged 15 submissions; monitor $2.83 support and ETF regulatory updates—read our concise market guide.

What are the recent XRP ETF filings acknowledged by the SEC?

SEC acknowledgment of 15 XRP ETF filings means the U.S. regulator has formally received and docketed multiple applications proposing XRP-based exchange-traded funds. This acknowledgment does not equal approval but indicates active regulatory processing and increased institutional interest in XRP investment products.

How is XRP price reacting to ETF filings and technical signals?

XRP price is consolidating near the $2.83 support level while repeatedly testing resistance around $3.08–$3.12. Short-term indicators show a 4.68% decline over the past 24 hours and a near-flat weekly change. Bearish MACD and RSI readings suggest waning buyer momentum, while higher sell-side volume underlines distribution pressure.

Market context: Analysts including Ali Martinez (Twitter/X) observed retracements toward $2.83 after failed attempts above $3.10. Technical scenarios outline a potential Elliott Wave correction with downside targets in the $2.50–$2.60 area if support breaks.

Why does the Defiance Leveraged Long & Income filing matter?

The Defiance Leveraged Long & Income XRP ETF filing (filed under Tidal Trust II) proposes leveraged exposure to XRP, aiming to attract yield-seeking and leveraged investors. While acknowledgment is procedural, leveraged ETF proposals raise specific market structure and risk considerations that regulators examine more closely than standard ETFs.

Regulatory note: Bloomberg and other industry coverage (plain text mention) reported the SEC docketing; this should be read as procedural progress rather than approval.

Frequently Asked Questions

How many XRP ETF filings has the SEC acknowledged?

The SEC has acknowledged 15 pending XRP ETF filings, including one for a Defiance Leveraged Long & Income XRP ETF. Acknowledgment is a docketing step and not an approval decision.

Will ETF acknowledgment immediately move XRP price?

Not necessarily—acknowledgment can boost sentiment but price moves depend on broader market liquidity, order flow, and technical levels like the $2.83 support. Traders often need additional signals such as approvals or concrete market entrants before a sustained rally.

How should investors monitor ETF developments?

Track official SEC filings, ETF prospectus updates, and formal notices. Combine regulatory tracking with technical indicators (support, resistance, MACD, RSI) and market-cap trends to form a balanced view.

Key Takeaways

• SEC Acknowledgment: 15 XRP ETF filings are docketed—this is procedural, not approval.
• Price Action: XRP is testing $2.83 support while failing near $3.08–$3.12 resistance.
• Market Risk: Bearish indicators and volume patterns point to potential downside toward $2.50–$2.60 if support fails.

Market Summary Table

Conclusion

SEC acknowledgment of 15 XRP ETF filings places XRP back in the regulatory spotlight while price action tests the critical $2.83 support. Investors should combine regulatory tracking with technical analysis and risk management. Monitor official SEC filings and technical confirmations before adjusting exposure.

SEC acknowledges 15 XRP ETF filings including Defiance Leveraged Long & Income, as XRP price tests key $2.83 support zone.

• The SEC officially recognized 15 pending XRP ETF filings, signaling increased regulatory attention on XRP investment products.
• XRP is trading in a tight range between $2.83 and $3.08, showing signs of consolidation while repeatedly testing its lower support zone.
• XRP’s market cap moved between $165 billion and $185 billion, showing just how reactive investors were to the coin’s price swings.

The SEC has officially acknowledged 15 pending XRP ETF filings, fueling fresh excitement as XRP price tests critical $2.83 support. Market watchers closely track whether this move could trigger the next wave for Ripple investors.

XRP Price Movements Reflect Market Challenges

XRP’s price action between August 19 and August 29 shows a clear interaction with key support and resistance levels. As of press, the price of XRP stands at $2.86. The token has dropped 4.68% in the past day and is down 0.04% over the last week.

Analyst Ali Martinez on X noted that XRP has retraced toward the $2.83 support level after failing to break above $3.10 resistance. Price tested $3.08 multiple times, with brief spikes near $3.12 before falling back below support.

Another market outlook points to an Elliott Wave correction, hinting at a possible drop toward the $2.50–$2.60 support zone. Bearish signals from MACD and RSI reflect fading buyer strength, while rising volume during sell-offs shows sellers still dominating the trend.

XRP ETFs Gain Momentum as SEC Acknowledges New Filings

XRP ETFs are gaining attention after the U.S. Securities and Exchange Commission officially acknowledged a recent filing. Bloomberg reported that 15 XRP ETFs are currently pending with the SEC. The latest filing involves the Defiance Leveraged Long & Income XRP ETF under Tidal Trust II. This development marks another step in the regulatory review process for XRP-focused investment products.

The acknowledgment of this ETF filing does not indicate approval but signals ongoing regulatory activity. The Defiance ETF proposes leveraged exposure to XRP, aiming to attract investors seeking enhanced returns. The SEC’s acceptance opens the door for further evaluation of XRP-based ETFs within the U.S. market.

Market Capitalization Trends Align with XRP Price Action

XRP’s market cap saw wild swings between August 23 and 29, bouncing from $165B to a $185B high before sliding back near $170B. A short-lived bounce to $180B followed, but the steady drop afterward signals investor uncertainty.

These shifts closely echoed XRP’s price action and ongoing trading behavior throughout the week. The combination of regulatory progress on ETF filings and technical price movements continues to influence market valuation and investor interest in XRP.

Published by COINOTAG — Updated: 2025-08-29