The possibility of a spot exchange-traded fund (ETF) for XRP is gaining traction as President Donald Trump's plan to include XRP in a national cryptocurrency reserve increases optimism. Traders on Polymarket set the probability of SEC approval for an XRP ETF at 78%, up 8% since Trump's announcement. The XRP price has risen 6.4% this year, and speculation regarding an ETF improving its regulatory standing has contributed to this increase. The SEC is currently reviewing five XRP ETF applications, with a decision expected by mid-October. Experts suggest that Trump's support for altcoins like XRP could accelerate ETF approvals for digital assets beyond Bitcoin and Ethereum. JPMorgan analysts estimate that XRP ETFs could attract $8 billion in investment inflows in the first year.
ADA, SOL, XRP: Altcoins Under Consideration for U.S. Crypto Reserve Lag BTC in Retaking Sunday Highs