<ul data-eligibleForWebStory="true"><li>XRP price is currently below $3.50 despite the launch of three spot XRP ETFs in Canada and FOMC expectations in the U.S.</li><li>XRP has seen an uptrend and risen in market cap rankings, making it one of the best cryptos to buy.</li><li>Bulls are optimistic and expect XRP prices to rise above key resistance levels at around $2.40 and $2.60.</li><li>The launch of Canada's first spot XRP ETFs by Purpose Investments, 3iQ, and Evolve ETFs was aimed at driving prices up.</li><li>Shares issued by spot XRP ETFs in Canada are directly backed by XRP, providing a clear route for institutional exposure.</li><li>In the U.S., the SEC has not yet approved any spot XRP ETFs, but heavyweights like Franklin Templeton and 21Shares have applied.</li><li>The FOMC meeting in the U.S. kept rates steady, disincentivizing aggressive positions in crypto assets like XRP.</li><li>The market still expects two 25-basis-point rate cuts in 2025 based on the FOMC Dot Plot.</li><li>Seven FOMC members now support no cuts in 2025, and the central bank remains data-dependent.</li></ul>

FOMC and Canadian ETF Debut Fail To Pump XRP Price: What Catalyst Does XRP Need?

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