If the ETF is approved, the ONDO could soar: institutions gain access without touching exchanges, increasing demand and liquidity.

The (Ondo) ONDO price is heating up after 21Shares filed a spot ETF that could bring Wall Street money straight into the token. The application names Coinbase as custodian, targets a Nasdaq listing, and could face an SEC decision between late February and April.

However, Ondo is pushing deeper into tokenized finance, unveiling plans for an on-chain prime brokerage system and leading a tokenized equities market that is closing in on the $1 billion mark.

The biggest takeaway from the 21Shares filing is access. If a spot ONDO ETF gets approved, it opens the door for institutions to gain exposure without touching crypto exchanges directly.

That kind of structure has already reshaped Bitcoin and Ethereum flows, and Ondo could become the first RWA token to see similar attention. Even before approval, the filing itself signals that large players are watching the sector closely.

BREAKING: 21Shares Files Spot $ONDO ETF with SECOne of the first ETF applications for a Real-World Asset platform token!Key Details:► Filed: Feb 6, 2026► Custody: Coinbase► Listing: Nasdaq► Timeline: Late Feb – April 2026Why It Matters: Could open institutional… pic.twitter.com/IXGjrkuucw

— Crypto Patel (@CryptoPatel) February 7, 2026

Ondo Is Building a Full Financial Stack

Ondo has also been expanding beyond tokenized treasuries. The project outlined a vision that includes perpetual futures, deeper liquidity systems, and partnerships aimed at building a complete on-chain financial ecosystem.

This matters because it gives Ondo (ONDO) more than just narrative value. It ties the token to a growing infrastructure layer for real-world finance moving on-chain.

Another major tailwind is the tokenized equities market. That sector is approaching a $1 billion milestone, and Ondo holds more than half of the market’s value.

As demand grows for blockchain-based access to stocks and regulated assets, Ondo is positioned as one of the main platforms already capturing real usage.

Read Also: Worldcoin (WLD) Price Hits the “Last Line of Support” – Here’s Why Traders Are Watching for a Surge

ONDO Price Levels to Watch Next

ONDO is trading near $0.2593 and still stuck below key resistance. The first level that matters is $0.30, since clearing it would put buyers back in control.

A move above $0.32 sets up a run toward $0.38, and if institutions step in harder, $0.45 comes into view. On the flip side, a drop under $0.25 could send the ONDO price down to $0.22.

Right now, ONDO is sitting on a knife edge, with the ETF story in play and tokenized assets gaining real traction in the background.

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The post What Happens to Ondo (ONDO) Price If Institutions Start Buying Through an ETF? appeared first on CaptainAltcoin.