Tag: xrp etf

  • XRP Spot ETF Inches Closer to U.S. Approval

    XRP Spot ETF Inches Closer to U.S. Approval

    —

    by

    Yashika Gupta

    The United States Securities and Exchange Commission (SEC) has formally commenced its review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would provide U.S. investors with direct exposure to XRP through traditional brokerage accounts. This development represents a significant step forward for both XRP and the broader digital asset market, marking…

  • XRP Surges as ETF Approval Odds Hit 80%

    XRP Surges as ETF Approval Odds Hit 80%

    —

    by

    Oscar

    XRP has seen a strong bullish rally, gaining for four consecutive days and reaching a monthly high of $2.78. This marks a 50% increase from February’s lows as investor confidence grows in a potential spot XRP ETF approval. ETF Hopes Drive Market Optimism The Polymarket prediction market, which has recorded $37,000 in volume, now places…

  • XRP ETFs Could Hit $8 Billion, But Broader Crypto Demand Looks Weak: JPMorgan

    XRP ETFs Could Hit $8 Billion, But Broader Crypto Demand Looks Weak: JPMorgan

    —

    by

    Oscar

    JPMorgan analysts foresee up to $8 billion flowing into XRP exchange-traded funds (ETFs) and $3 to $6 billion into Solana ETFs. However, they predict tepid demand for cryptocurrency ETFs beyond Bitcoin and Ethereum, highlighting a limited investor appetite for altcoin-focused products. While Ripple’s ongoing legal battle with the SEC could conclude in 2025, potentially boosting…