XRP to trade at this price if spot EFT is approved, according to AI
The Securities and Exchange Commission (SEC) is expected to rule on multiple applications for spot XRP exchange-traded funds (ETFs). If approved, this regulatory decision could mark a major shift in how investors access XRP, potentially driving a price surge. To this end, the SEC has until mid-October 2025 to approve or reject these ETF proposals. Notable filings include Grayscale’s application to convert its XRP Trust into a spot ETF and submissions from 21Shares and Bitwise. However, depending on the review process, a decision could come as early as mid-April 2025. These applications have emerged despite the ongoing legal battle between the SEC and Ripple. Still, the XRP community remains optimistic, believing approval odds have improved under the cryptocurrency-friendly regulatory environment. Picks for you Here's the 'only way...
