Will the #XRPETF XRP Spot ETF Take Off?

The New SEC Chair is About to Take Office

Over 70 crypto applications are lying in front

As the Senate officially confirms Paul Atkins

As the next SEC Chair

This 'crypto-friendly' veteran is about to take office

This means that the U.S. regulatory attitude towards the crypto market

May undergo a major shift

Currently, the SEC is reviewing 72 various crypto ETF applications

Industry insiders like Bloomberg's Eric Balchunas expect

Many of them are likely to be approved

The number of XRP spot ETF applications

Is higher than that of any other altcoin

This undoubtedly greatly strengthens the bullish case for XRP

Of course, approval results may not come until the fall

But these applications have already shown that

The remaining time this year

Could be very favorable for XRP

In fact, as the Ripple vs. SEC case finally nears its conclusion

Ripple can now expand its business more aggressively than in recent years

The market widely speculates that it may sign a cooperation agreement

With the international payment network SWIFT

Additionally, Ripple has signed multiple cooperation agreements

In the stablecoin sector in recent months

Clearly, it has gained a competitive advantage in business expansion

If the XRP spot ETF gets approved in the coming months

Then this coin could rebound to around $3

And may reach about $4 by the end of 2025

This does not constitute investment advice; please do your own research.