XRP ETF Could Be Approved In 60 Days as Ripple Holders Add DTX Exchange For 1000x Leveraged Trading

Is the cryptocurrency market on the brink of transformative developments? With XRP leading the charge toward its potential ETF approval which is a move that can redefine institutional crypto investments.

At the same time, DTX Exchange is rewriting the rules of asset management, merging stocks, crypto, and forex on a single, high-performance platform.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

Offering up to 1000x leveraged trading and backed by its innovative VulcanX blockchain, DTX is quickly becoming the go-to choice for investors. With groundbreaking technology and features, these two players are aiming to revolutionize the financial world.

From Stocks to Crypto: DTX’s Multi-Asset Revolution

DTX Exchange (DTX) is the first platform that is changing the traditional finance narrative by combining stocks, cryptos, and forex assets under the same exchange. This means that users can manage all their assets on DTX without wasting their time circling between different platforms.

This is made possible by their powerful layer-1 blockchain, VulcanX, which recently launched its testnet and gave an estimated TPS of over 100,000. This has got everyone anticipating DTX Exchange to be one of the fastest players in the industry.

It is not shocking to know that DTX Exchange has crossed over 300,000 users in the past few months. The platform’s innovative offerings are appealing to both experienced and newbie traders and investors. DTX is offering up to 1000x leverage, massively enhancing liquidity. Additionally, the recent launch of their Phoenix Wallet has proven to be a major hit in the DTX community.

Another major factor why DTX Exchange has caught attention is because of the way the platform is launching. DTX has made its public presale available to all levels of investors instead of relying on venture capital companies.

This allows retail investors to participate and enjoy all the advantages such as profit shares, governance rights, and early access to features. Ripple (XRP) investors are adding DTX to their portfolios, taking into consideration its huge profit potential, and solid technology backing.

Bitcoin, Ethereum… and XRP? The Next ETF Contender

One of the most closely followed stories in the cryptocurrency world has been the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

As the SEC’s deadline to file its appeal in the lawsuit draws near, on January 15, 2025, the SEC recently requested an extension to file its appeal, which has sparked speculation about whether this delay is related to the upcoming U.S. presidential election.

The legal haze around XRP may eventually clear up if the incoming government, which is anticipated to adopt a more pro-crypto position, chooses to withdraw the appeal. There have been expectations that the lawsuit might be settled in Ripple’s favor due to the potential for a change in the SEC’s leadership, with Paul Atkins possibly taking over as chairman.

Currently, the only cryptocurrencies with ETF approvals are Bitcoin and Ethereum, but XRP’s status as a non-security would allow it to follow suit.

Several financial institutions have already submitted proposals for an XRP ETF, indicating their interest in the cryptocurrency. These firms include Bitwise, Canary Capital, 21Shares, and WisdomTree. There is a high likelihood that an XRP ETF will be approved in the first quarter of 2025, which has greatly increased XRP holders’ excitement.

The approval of an exchange-traded fund (ETF) for XRP would strengthen the token’s standing and make it easier for institutional investors to buy XRP. This can lead the way for XRP’s surge in liquidity and increased demand, giving XRP’s price trajectory a bullish outlook.

Why $0.14 DTX Tokens Could Be Your Best Investment Yet

The DTX Exchange (DTX), which is presently in its presale stage, has generated a lot of attention because of its excellent performance. The presale just started a few months ago, and as of right now, it has raised over $11 million, breaking all prior records for initial coin offerings.

The native cryptocurrency of the platform, DTX, can be purchased for $0.14 each. It is projected that the listing price would exceed $0.2, which would provide all investors who are investing in the current presale stage, with a huge return on investment.

Ripple (XRP) investors are filling their bags with this token, if you’re also looking to invest in this project, now is the perfect time to!

To know more about the DTX Exchange ecosystem, Check out:

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Alexander Zdravkov