☘️ Update on the XRP ETF and the $300 Million Reserve Fund
1. The likelihood of XRP ETF approval has surged
The likelihood of the SEC approving the XRP ETF has increased to 93% on the Polymarket platform. The main reason is the SEC's termination of the lawsuit against Ripple in March 2025 - removing XRP's largest legal barrier.
Major financial institutions such as Grayscale, Bitwise, Franklin Templeton, 21Shares, and Canary Capital have also filed to establish the XRP ETF - indicating strong interest from institutional investors.
2. The $300 Million XRP Reserve Fund
Webus International (China) has filed with the SEC to establish a $300 million XRP reserve fund, in collaboration with Samara Alpha Management LLC.
The fund aims to support cross-border payments through the Ripple network and expand into e-wallets, Web3 tokens, and global blockchain tools.
3. The market is 'anticipating' the ETF
CME Group and Coinbase Derivatives have launched XRP futures - a stepping stone for the official launch of the XRP ETF.
If approved, the ETF could attract significant capital inflows and drive the price of XRP sharply higher. Currently, XRP is trading around $2.19.
☘️ Summary:
• The likelihood of SEC approval for the XRP ETF: 93%.
• Webus proposes to establish a $300 million XRP reserve fund.
• Many large companies have filed for the XRP ETF.
• The ETF could be a major turning point for the price of XRP.
Information is for reference only, not investment advice.
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