#XRPETF
👑Currently, there is no officially approved ETF fund specifically for XRP in the United States.
- The outlook for an XRP ETF is becoming more positive after the SEC dropped the lawsuit against Ripple.
- The likelihood of XRP ETF approval is as high as 82% according to data from Polymarket.
Bitcoin and ETF:👑
- Bitcoin ETF inflows in the United States:
+ January 2025: recorded strong inflows ($5.25 billion).
+ March 2025: outflows reached $4.8 billion.
- Bitcoin price
+ Peaked above $88,300 in early April 2025.
+ Still 20% lower than the peak of nearly $110,000 in January 2025.
U.S. and China policies:
- United States:🇲🇾
+ Promoting the establishment of a "Strategic Bitcoin Reserve" and a national digital asset vault.
+ Easing regulations, supporting cryptocurrencies.
- China:
+ Continuing to tighten control over private cryptocurrencies.
+ Promoting the state-backed digital yuan.
The cryptocurrency market is heavily influenced by the policies of the U.S. and China.
XRP has a positive outlook due to the lawsuit with the SEC being dropped and the high likelihood of ETF approval.🔥
1 like + 1 monitor for motivation, please 🫶