{"id":144710,"date":"2024-12-13T17:00:28","date_gmt":"2024-12-13T15:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144710"},"modified":"2024-12-13T14:48:54","modified_gmt":"2024-12-13T12:48:54","slug":"will-xrp-see-its-own-etf-launch-soon","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-xrp-see-its-own-etf-launch-soon\/","title":{"rendered":"Will XRP See Its Own ETF Launch Soon?"},"content":{"rendered":"<p>Trump\u2019s vocal support for cryptocurrency during his campaign has bolstered hopes for favorable policies and a potential resolution to Ripple\u2019s ongoing legal battle with the SEC. Ripple\u2019s RLUSD stablecoin <strong><a href=\"https:\/\/cryptodnes.bg\/en\/just-in-ripples-rlusd-stablecoin-secures-ny-approval\/\">approval<\/a> <\/strong>by the New York Department of Financial Services (NYDFS) has added further momentum, sparking renewed confidence among investors.<\/p>\n<p>Prominent crypto figure Ben Armstrong, known as \u201cThe BitBoy,\u201d recently highlighted a 300% return on Grayscale\u2019s XRP Trust since May, interpreting this as a sign of robust market confidence and potential groundwork for an XRP ETF launch. Grayscale\u2019s recent Solana ETF filing has fueled speculation about a similar move for <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong>, further reinforcing optimism for the token\u2019s future.<\/p>\n<p>Ripple has also benefited from SEC Chair Gary Gensler\u2019s resignation announcement, which many see as a positive step toward resolving the company\u2019s legal challenges. XRP experienced a significant 250% surge over the past month, although recent market volatility has dampened gains. Despite this, Armstrong has forecasted that XRP could rally to $4.50 by early 2025, capturing the attention of traders and investors alike.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-144695\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Institutional interest in XRP is also on the rise, with major players like WisdomTree, Bitwise, 21Shares, and Canary Capital filing for XRP ETFs. These moves indicate growing confidence in XRP\u2019s long-term potential and suggest that the market is preparing for a significant shift. As Ripple continues to make strides, the prospect of an XRP ETF launch could mark a pivotal moment for both the token and the broader cryptocurrency industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Speculation about an XRP ETF launch is intensifying, driven by Ripple\u2019s recent successes and growing optimism for a pro-crypto regulatory shift under Donald Trump\u2019s leadership.<\/p>\n","protected":false},"author":9,"featured_media":38354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,294,384,266,71,122,223],"coin_category":[],"class_list":["post-144710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-etf","tag-optimism","tag-solana","tag-stablecoin","tag-trump","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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