$BTC

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Other bullish factors for XRP’s price include increasing institutional interest and speculation about the approval of XRP-based ETFs. Major asset managers, such as Franklin Templeton, have submitted applications to launch XRP ETFs in the U.S. The Securities and Exchange Commission (SEC) has extended the review period for several XRP ETF proposals until May 2025, signaling growing institutional interest in the token. The approval of such ETFs could attract substantial institutional investment, further strengthening XRP’s market performance.