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XRPETFIncoming?
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XRP is on the brink of a 27% rally due to a surge in crypto ETF filing activities. The New York Stock Exchange (NYSE) Arca has submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) for the conversion of Grayscale's XRP Trust into a spot ETF. This development could lead to a flurry of XRP ETF filings to the SEC next week. Grayscale's move is significant, as it could provide investors with a new way to invest in XRP on a regulated national securities exchange. Other companies, such as Bitwise, Canary Capital, 21Shares, WisdomTree, and CoinShares, have also filed for XRP ETFs with the SEC. If approved, these ETFs could signal the end of the SEC's four-year legal battle with Ripple and spark a massive rally for XRP. $XRP In terms of its current performance, XRP is up 2% in the Asian session on Friday, with a potential 27% rally on the horizon. The Relative Strength Index (RSI) is above its neutral level, indicating bullish momentum.#XRPETFIncoming?
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