{"id":153846,"date":"2025-03-26T19:00:16","date_gmt":"2025-03-26T17:00:16","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153846"},"modified":"2025-03-26T17:22:53","modified_gmt":"2025-03-26T15:22:53","slug":"xrp-etf-approval-looms-as-major-firms-eye-market-entry","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-etf-approval-looms-as-major-firms-eye-market-entry\/","title":{"rendered":"XRP ETF Approval Looms as Major Firms Eye Market Entry"},"content":{"rendered":"<p>This comes after Brazil&#8217;s successful launch of the first-ever <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong> ETF by Hashdex, making it the first country to bring this product to market.<\/p>\n<p>Nate Geraci, president of the ETF Store, is <strong><a href=\"https:\/\/x.com\/NateGeraci\/status\/1904765629640695867\" target=\"_blank\">confident<\/a><\/strong> that an XRP ETF approval is imminent, noting the coin&#8217;s third-largest position in the crypto market.<\/p>\n<p>As a result, major firms like BlackRock and Fidelity are expected to follow suit, joining other players like Bitwise and Grayscale, who have already filed for similar products.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<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 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/trump-media-teams-up-with-crypto-com-to-launch-digital-asset-etfs\/\" title=\"Trump Media Teams Up with Crypto.com to Launch Digital Asset ETFs\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/181011114942-donald-trump-super-169-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Trump Media Teams Up with Crypto.com to Launch Digital Asset ETFs<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>While BlackRock has been cautious about altcoins, focusing mainly on Bitcoin and Ethereum ETFs, recent developments in Ripple&#8217;s ongoing legal battle with the SEC have shifted the outlook. Ripple\u2019s victory in its lawsuit against the SEC has ignited optimism, with the company poised for greater institutional adoption.<\/p>\n<p>Approval chances for an XRP ETF are now rising steadily, with projections putting the likelihood at 82% in 2025. Analysts predict a surge in demand for these ETFs, with estimates suggesting they could bring in billions from institutional investors seeking safer crypto investments.<\/p>\n<p>Despite the potential, some caution remains about the oversaturation of the ETF market. Financial analyst Nic Puckrin points out that the focus on Bitcoin ETFs is likely to remain dominant, with newer altcoin-based ETFs facing challenges to stand out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The race for a US-based XRP ETF has sparked heightened competition, with financial giants like BlackRock and Fidelity predicted to enter the market.<\/p>\n","protected":false},"author":3,"featured_media":29894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-153846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP ETF Approval Looms as Major Firms Eye Market Entry<\/title>\n<meta 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