![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
XRP ETF News: Excitement is mounting around XRP as traders gear up for what could be a historic price run in 2025.
May 01, 2025 at 03:51 pm
The buzz centers on growing optimism that a U.S.-based XRP exchange-traded fund (ETF) will soon get the green light, with Bloomberg analyst Eric Balchunas now assigning an 85% probability of approval.
Traders are getting excited about the potential for an "explosive" price move in XRP in 2025.
There is growing optimism that a U.S.-based XRP exchange-traded fund (ETF) will soon get the green light.
This optimism is being credited to recent leadership changes at the U.S. Securities and Exchange Commission (SEC), which oversees crypto regulation.
An XRP ETF would allow institutional investors to gain exposure to XRP through traditional markets, which could unlock billions of dollars in capital.
Bitcoin ETFs, launched earlier in 2024, have already seen nearly $39 billion in net inflows.
If XRP ETFs attract even a modest 15% to 30% of that volume, it could send XRP into a major rally.
For example, a 15% share of Bitcoin ETF inflows would bring in about $5.85 billion, which could push XRP's price to $12.23, representing a 450% gain from its current level of $2.22.
If XRP ETFs pull in 30%, XRP could skyrocket to $22.20, a staggering 900% surge.
When Will XRP ETF Be Approved?
Momentum is building. Prediction platform Polymarket now places the odds of an XRP ETF approval at 80%, up sharply from 68% last week.
Major asset managers—Bitwise, WisdomTree, and Franklin Templeton—have all filed proposals.
While the SEC has delayed its decision on Franklin Templeton's XRP ETF to June 17, industry insiders believe that approval is becoming increasingly likely.
Should that happen, XRP may follow in Bitcoin's footsteps and witness a parabolic price explosion.
When will the XRP Price go up?
Popular trader Dark Defender, known for his technical analysis skills, recently highlighted a "bullish flag" pattern forming on the XRP chart.
He anticipates a short-term rebound to test April's peak around $2.36, setting the stage for a fresh high in 2025.
Moreover, another crypto analyst, Allincrypto, is placing a longer-term price target of $19.27 for XRP.
This prediction is based on a combination of technical analysis indicators and broader market trends.
suggest that the recent dip in XRP’s price, now down by 5%, is due to weaker-than-expected U.S. economic data.
However, bullish sentiment is still running high thanks to the ongoing narrative around XRP ETFs.
Despite Franklin Templeton’s XRP ETF application being delayed to June 17, industry insiders believe that approval is becoming increasingly likely.
With chances of approval rapidly increasing and bullish price predictions swirling, many traders are viewing current levels as a potential buy-the-dip opportunity.
As the crypto market eagerly awaits the SEC’s verdict and the potential capital inflows through XRP ETFs, the coming weeks promise to be pivotal for both institutional investors and retail traders interested in this fast-moving sector.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
-
-
-
- Tether Publishes Q1 2025 Attestation, Revealing Strong Financial Performance Despite Crypto Market Turbulence
- May 02, 2025 at 02:15 am
- According to a press release today, the stablecoin giant recorded over $1 billion in operational profit during the first quarter, while its U.S. Treasury holdings neared a historic $120 billion
-