#XRPETFs XRPETFs

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

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 **XRP ETF** - a move that could create a wave larger than Bitcoin ETF earlier this year!

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

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

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

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

### **3 Price Scenarios for XRP 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 **Breakthrough scenario**: Exceed $5 if combined with the Fed reducing interest rates

### **Reasons Why XRP ETF is More Feasible Than Ever**

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

✅ **XRP liquidity reaches $2B/day** - Large enough for ETF operations

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

### **Smart Investment Strategy**

🔸 Accumulate XRP in the $0.55 - $0.65 range

🔸 Closely monitor the SEC's approval timeline

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

**"This will be the most practically applicable crypto ETF ever"**

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

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

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