📢 XRP Hits an April High on ETF Optimism 🚀
XRP rallied to an April intraday high of $2.3620, fueled by optimism over Futures ETFs and anticipation of an eventual XRP-spot ETF launch.
Currently, 21Shares, Bitwise, Canary Funds, Franklin Templeton, Grayscale, and WisdomTree have filed XRP-spot ETF applications pending SEC review. However, investors may have to wait until Q4 2025 for any XRP approvals.
SEC vs. Ripple Appeal Withdrawal Crucial for XRP-Spot ETF Prospects
According to crypto-betting platform Polymarket, the odds for a US XRP-spot ETF approval by December 2025 stand at 78%, down from a March 23 peak of 87% but up from 68% on April 22. The dip reflects continued SEC silence regarding its appeal strategy and settlement plans in the Ripple case.
Ripple and the SEC filed a joint motion to pause the appeal, citing their agreement to settle rulings from Judge Torres’ Final Judgment.
Over the near term, several factors will influence XRP price trends:
🔺Progress in Ripple-SEC settlement talks.
🔺Developments surrounding XRP-spot ETF applications.
🔺Broader market forces such as Federal Reserve policy and US-China trade developments.
