CandleFocus XRP Price Prediction: Volatility Shares Files 3 ETFs — Price Check & Market Analysis
2025-03-08
Author: Content Editor
Asset manager Volatility Shares has filed for three XRP exchange-traded funds (ETFs), signaling growing institutional interest in the XRP token. This comes after the company filed for Solana futures ETFs in February. The filing of XRP ETFs could be a turning point for the cryptocurrency, with a 76% probability of a spot XRP ETF approval by 2025. However, the expectation for approval before July 31st remains low at 32% due to the SEC's cautious approach to crypto ETFs. The SEC has also acknowledged an XRP ETF proposal by the NYSE and Grayscale, setting a 240-day countdown for a decision. The outcome of the XRP ETF could set a precedent for how the SEC treats other altcoins. Meanwhile, XRP is currently trading at $2.36, down 5% in the past 24 hours.
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