XRP ETF Outlook: January 15th Appeal Deadline May Change Everything

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The Ripple (XRP) community is closely following the latest developments of the U.S. Securities and Exchange Commission (SEC) regarding the XRP ETF, especially the January 15th appeal deadline. This date will determine whether the SEC continues its legal challenge against XRP and may have a significant impact on the future of the XRP ETF.

Political changes may affect the SEC's decision

In November, the SEC requested an extension to submit an appeal until early January. Some analysts believe that this extension is closely related to the results of the US election. With the Trump administration about to return to power and turn to support cryptocurrencies, the new regulatory environment may affect the SEC's position. Former SEC lawyer Mark Fager said that the new administration may decide to dismiss this appeal, which may accelerate the approval process of the XRP ETF.

Possibility of XRP ETF Approval

If the SEC abandons the appeal, XRP's security status will be clarified, paving the way for the approval of the XRP ETF. Currently, the SEC has only approved ETFs for Bitcoin and Ethereum, but not other altcoins. However, the market generally expects the new government to approve more altcoin ETFs in 2025.

Several companies (such as Bitwise, Canary Capital, Wisdom Tree, 21Shares) have submitted XRP ETF applications to the SEC. According to forecasting website Polymarket, there is a 75% chance that an XRP ETF will appear in 2025. This makes the market confident about the future of XRP, especially considering that potential ETF approval could drive XRP prices above $5.

XRP holders are patiently waiting

Despite the 465% surge in XRP prices in November, many investors are still choosing to hold on to their coins. For example, the XRP reserves of South Korean exchange Upbit have declined in just a few months, showing that investors are waiting for the possible approval of the XRP ETF. This patience may pay off in 2025, especially considering the arrival of the altcoin season.

Overall, the future of XRP may rely on the decision on January 15, and the market's optimistic expectations for the XRP ETF are increasing.

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