{"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":"
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 approval<\/a> <\/strong>by the New York Department of Financial Services (NYDFS) has added further momentum, sparking renewed confidence among investors.<\/p>\n Prominent crypto figure Ben Armstrong, known as “The BitBoy,” 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 XRP<\/a><\/strong>, further reinforcing optimism for the token\u2019s future.<\/p>\n 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