CandleFocus XRP to trade at this price if spot EFT is approved, according to AI
2025-02-22
Author: Content Editor
The SEC is expected to rule on multiple applications for spot XRP exchange-traded funds (ETFs), which could result in a surge in XRP's price. The SEC has until mid-October 2025 to approve or reject these proposals, but a decision could come as early as mid-April 2025. Despite the ongoing legal battle between the SEC and Ripple, the XRP community remains optimistic about approval. Bloomberg ETF analysts project a 65% chance of approval. If approved, the ETFs would be a significant milestone for XRP, potentially resolving the SEC's case against Ripple. The XRP community hopes the new agency leader, Paul Atkins, will dismiss the case or promote a favorable settlement. The withdrawal of the SEC's lawsuit against Coinbase has led to speculation of a similar outcome in the Ripple case. XRP's price has been struggling in the short term but has a long-term bullish outlook.
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