#XRPETF
Is the XRP Spot ETF about to take off?
The new SEC chairman is about to take office
Over 70 crypto applications are lying in front
With the Senate formally confirming Paul Atkins
As the next SEC chairman
This veteran who supports crypto is about to take office
This means the regulatory attitude towards the crypto market in the United States
May undergo a significant shift
Currently, the SEC is reviewing 72 applications for various crypto ETFs
Insiders like Eric Balchunas from Bloomberg expect
That many of them are likely to be approved
The number of XRP spot ETF applications
Is more than any other altcoin
This undoubtedly greatly strengthens the bullish case for XRP
Of course, approval results may not come until the fall
But these applications have already shown that
The remaining time this year
Could be very favorable for XRP
In fact, as Ripple's case with the SEC finally approaches its end
Ripple can now expand its business more aggressively than in recent years
The market widely speculates that it may sign a cooperation agreement with the international payment network SWIFT
Additionally, Ripple has signed multiple cooperation agreements
In the stablecoin sector in recent months
Clearly, it has already gained a competitive edge in business expansion
If the XRP spot ETF is approved in the coming months
Then this coin might rebound to around $3
And could possibly reach about $4 by the end of 2025
This does not constitute investment advice, please do your own research.