#LTC&XRPETFsNext?
Prediction: XRP (Ripple) Will Soar in 2025 When Its Bitcoin Moment Arrives!
XRP is the native cryptocurrency on the XRP Ledger, a blockchain built by Ripple to enable fast, cheap cross-border payments for financial institutions.
Several asset managers have asked the SEC for permission to create spot XRP ETFs, and the cryptocurrency could soar (like Bitcoin) if regulators approve.
Ripple has been embroiled in a legal dispute with the SEC for multiple years, but history suggests XRP could climb once the case is resolved.
XRP could soar following the approval of spot exchange-traded funds (ETFs)
In January 2024, the Securities and Exchange Commission (SEC) approved the creation of spot Bitcoin ETFs. Those funds reduce friction for prospective investors by providing a form of Bitcoin exposure free from the complexities and high fees associated with cryptocurrency exchanges.
Spot Bitcoin ETFs during their first year on the market attracted $37 billion in net inflows, which makes their introduction one of the most successful financial product launches in history. And the iShares Bitcoin Trust was the single most successful ETF as measured by net inflows during its first year, according to The Wall Street Journal.
$XRP $BTC $ETH #BTCvsInflationт #LTC&XRPETFsNext? #1000CHEEMS&TSTOnBinance