The Securities and Exchange Commission (SEC) is approaching a deadline to appeal the ruling that XRP is not a security when traded on secondary markets. In response, there are discussions about filing for an XRP ETF, with some analysts suggesting it is a gamble on a potential 2024 victory for Donald Trump. They believe that a Trump presidency would create a more crypto-friendly regulatory environment, increasing the chances for the XRP ETF's success. On the other hand, if Kamala Harris were to become president, there may be continued regulatory scrutiny under SEC Chair Gary Gensler, potentially hindering the approval of XRP ETFs. Industry leaders, including Charles Hoskinson, have expressed that a Trump presidency could be more beneficial for the crypto industry compared to one led by Harris.



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