The Bitwise Spot $XRP ETF filing marks a pivotal moment in the cryptocurrency's history, potentially paving the way for increased adoption and mainstream recognition. Despite current market fluctuations, this development underscores the growing institutional interest in digital assets. However, the ongoing SEC vs. Ripple lawsuit continues to cast a shadow over XRP's prospects, emphasizing the need for clarity on regulatory frameworks. As investors navigate this complex landscape, careful observation of technical indicators and legal developments will be crucial in determining XRP's future trajectory.
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