๐ $XRP ๐๐ง๐๐ ๐๐ผ๐๐น๐ฑ ๐ฆ๐ฝ๐ฎ๐ฟ๐ธ ๐ฆ๐๐ฝ๐ฝ๐น๐ ๐ฆ๐ต๐ผ๐ฐ๐ธ ๐ฎ๐ป๐ฑ ๐ฆ๐๐ฟ๐ด๐ฒ ๐ง๐ผ ๐๐ง๐ ๐
With Bitwise and Canary Capital awaiting SEC approval for XRP ETFs, a supply shock could occur as asset managers accumulate large amounts of XRP for their funds. Spot Bitcoin ETFs hold $58.66 billion in net assets, while Spot Ethereum ETFs hold $6.74 billion, and XRP ETFs could follow a similar path, holding millions in XRP assets.
In the short term, XRP could reach its current all-time high (ATH) of $3.84, and analysts suggest it might even surge beyond this point. If demand increases post-approval, XRP could rise to $5 or higher, especially given the absence of significant selling pressure like Ethereum faced. All eyes remain on the SECโs ruling, as a favorable decision could lead to strong market growth for XRP.
#EmperorMajesty #MemeCoinTrending #SUIHitsATH #XRPGoal #USPPIAboveExpectations $NEAR $GALA