ALMOST A FACT APPROVAL OF ETF OF #XRP

There is a growing expectation in the cryptocurrency market regarding the possible approval of an Exchange-Traded Fund (ETF) of $XRP in the United States. Renowned analysts, such as those from Bloomberg, have raised the probability of this approval to 95%, an estimate that has increased in recent months since it was reported around May 2024, generating optimism in the investing community. The possible date for this approval remains subject to the SEC's decision, but if conditions align, it would be at the end of 2025 or early 2026.

The approval of a spot ETF for XRP would be a groundbreaking event and would have a markedly positive impact on its price. The main reason lies in the fact that an ETF would open the doors to a vast amount of institutional capital that, until now, has not been able or willing to invest directly in crypto assets. These regulated investment vehicles allow pension funds and financial advisors to access the asset in a familiar and compliant manner, eliminating the complexities of direct custody. This new influx of demand, requiring ETF issuers to acquire XRP in the open market to back their shares, would exert upward pressure beyond $3.50 USD.

In addition to the capital injection, the approval from the Securities and Exchange Commission (SEC) would lend significant legitimacy to XRP. This stamp of approval, especially after Ripple's long legal battle, would send a clear message that the asset and its market are considered mature and robust enough for traditional investment. This, in turn, could increase retail investor confidence and expand XRP's visibility on conventional trading platforms.

This is despite the fact that the lawsuit between the SEC and Ripple Labs is not completely closed. The conclusion of the lawsuit remains a factor to monitor, but it is not an impediment to the current expectation of an ETF.