$TRX XRP investors should learn from what happened with Ethereum

There are those who are accumulating Ripple's cryptocurrency in anticipation of the approval of spot ETFs in the United States.

The price of XRP may already be factoring in the approval of the ETFs, says an analyst.

Ether (ETH) ETFs did not trigger a bullish momentum in the asset's price.

Mike Fay, a market analyst, gave advice to XRP investors eagerly awaiting the approval of the Securities and Exchange Commission (SEC) for spot exchange-traded funds (ETFs) in the United States.

“I would be cautious with XRP based on ETF hopes. Very often, these catalysts end up being 'buy the rumor, sell the news' events,” he stated in one of his most recent reports.