The price of XRP rose by 7% following the news, reaching $3.10. However, what was most striking was the behavior of the whales: instead of selling, they opted to move funds off exchanges, indicating accumulation.

In parallel, the macro environment also adds pressure. With expectations of a possible rate cut by the Federal Reserve and a growing institutional appetite for digital assets, the launch of an XRP ETF could find a favorable scenario.

Nevertheless, risks still persist. The crypto market remains volatile and vulnerable to unexpected regulatory changes, both in the U.S. and in other jurisdictions.

While regulatory timelines may vary, the convergence of factors—from legal closures to simultaneous applications from large managers—suggests that the ETF of $XRP could become the next big story in the crypto ecosystem.