“XRP Skyrocketing? SEC’s ETF Gamble!”
XRP price prediction? If the SEC says yes to an ETF, we’re talking a 1,500% boost to $27. Nostalgia trip to 2017, anyone?
Table of Contents
Ripple’s Wild Ride: Hold On Tight!
Ripple (XRP) has been on a rollercoaster lately, and not the fun kind at the amusement park. Big price swings, regulatory drama – it’s like a soap opera, but with more numbers.
January 16, XRP hits a multi-year high of $3.39. Woo-hoo! But wait, by February 17, it’s back to $2.68. What a tease.
Still, XRP is topping the charts, delivering a 145% return in 90 days. Ethereum and Solana? Not so much.
And let’s not forget the political circus. Trump’s crypto lovefest and Gensler’s exit stage left. What a time to be alive!
So, what’s next for XRP? Buckle up, folks. It’s going to be a bumpy ride.
Is the XRP ETF Finally Showing Up?
XRP in the spotlight? Always. But now, there’s an ETF twist in the tale.
February 13, the SEC acknowledges a filing for a spot XRP ETF. The plot thickens!
Update: @NYSE & @Grayscale have filed to convert Grayscale’s XRP trust into an ETF. The trust currently has ~$16 mln in assets.
— James Seyffart (@JSeyff) January 30, 2025
SEC’s got 240 days to make up its mind. Tick-tock, folks.
Grayscale and Bitwise in the race. It’s like a crypto version of the Amazing Race, but with more paperwork.
🚨NEW: The @CBOE has just filed the 19b-4s on behalf of @BitwiseInvest and @CanaryFunds for their $XRP ETFs.
The 19b-4 forms are the next step in the ETF approval process after issuers file their S-1s. The 19b-4s basically ask the @SECGov to allow them to list and trade the…
— Eleanor Terrett (@EleanorTerrett) February 6, 2025
Matt Hougan, Bitwise’s CIO, is cautiously optimistic. But let’s be real, who isn’t when it comes to crypto?
And the SEC vs. Ripple lawsuit? That’s like adding fireworks to a bonfire.
Nate Geraci calls it an “enormous message.” We call it a soap opera.
Shocked more people aren’t talking about SEC accepting XRP ETF filing…
They have open litigation w/ Ripple.
Meanwhile, they just acknowledged filing of ETF holding asset in dispute (they easily could have rejected this filing).
Enormous message IMO.
— Nate Geraci (@NateGeraci) February 14, 2025
Bloomberg’s ETF analysts give it a 65% chance. Vegas, anyone?
Our official alt coin ETF approval odds are out. Litecoin leads w 90% chance, then Doge, followed by Solana and XRP. We are only doing for 33 Act $IBIT-esque filings. But def poss to see futures or Cayman-subsidiary type 40 Act stuff get through as well.
— Eric Balchunas (@EricBalchunas) February 10, 2025
XRP’s Make-or-Break Moment: Drama Ahead!
XRP at a crossroads. Will it break through or crash and
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2025-02-18 03:17