#XRPETF

The rumors of an XRP ETF suddenly exploded in the market; this drama is even more exciting than Ripple's lawsuit against the SEC. Internal documents reveal that a certain Wall Street giant is quietly lobbying the SEC to launch the world's first XRP spot ETF. As soon as the news broke, XRP soared 28%, and the entire payment concept coin market surged together. However, anyone with a discerning eye can see that this is essentially a high-wire act—after all, the SEC has spent ten years reviewing Bitcoin ETFs; how could they possibly give the green light to XRP, which just finished a lawsuit?

On-chain data has exposed more hidden tricks. Within 24 hours before the ETF news broke, a mysterious address accumulated 120 million XRP through over-the-counter trading. Interestingly, this address has a hidden connection to a wallet controlled by a senior executive at Ripple. Currently, the market is more concerned not about whether the ETF will pass, but about the selling pressure from Ripple's monthly unlocking of 1 billion tokens—these institutional holdings hang over the market like the sword of Damocles, ready to smash the price back to square one at any moment.