#XRPETFs

**#XRPETFs - Is a New Earthquake About to Shake the Crypto Market?**

The latest hot news from **Bloomberg** indicates that at least 3 major funds (BlackRock, Fidelity, and Grayscale) have secretly filed with the SEC to seek approval for an **XRP ETF** - a move that could create a wave larger than the Bitcoin ETF earlier this year!

### **Latest Information (Updated 15/7/2024)**

🔥 **BlackRock** confirms it is negotiating with Ripple regarding the NAV (net asset value) mechanism

📅 **Expected decision** from the SEC in Q4/2024

📊 **Survey from JP Morgan**: 72% of institutions are ready to invest in XRP ETF if approved

### **3 Scenarios for XRP Price If ETF is Approved**

1️⃣ **Base scenario**: Increase by 150-200% to $1.2 - $1.5

2️⃣ **Strong FOMO scenario**: Challenge the old ATH of $3.4

3️⃣ **Breakout scenario**: Exceed $5 if combined with Fed interest rate cuts

### **Reasons Why the XRP ETF is More Viable Than Ever**

✅ **Ripple has won the lawsuit against the SEC** - Eliminating legal barriers

✅ **XRP liquidity reaches $2B/day** - Large enough for the ETF to operate

✅ **Surge in institutional demand** following the success of the Bitcoin ETF

### **Smart Investment Strategy**

🔸 Accumulate XRP in the range of $0.55 - $0.65

🔸 Closely monitor the SEC approval timeline

🔸 Take partial profits at $1, $1.5, $2

**"This will be the most practical crypto ETF ever"**

- Brad Garlinghouse, CEO of Ripple (Statement at the Digital Asset Summit 2024)

**Are you ready for the XRP ETF wave?**

→ Discuss now with the hashtag **#XRPETFs**!