The upcoming U.S. election could influence the approval of XRP and other cryptocurrency ETFs, as regulatory sentiment shifts. Bitwise has filed for an XRP ETF, but the SEC’s ongoing appeal against Ripple may delay approval. Political outcomes, including the possibility of Donald Trump winning and potentially replacing SEC Chair Gary Gensler, could significantly impact the fate of crypto ETFs, including XRP. Analysts note that these regulatory decisions hinge on the broader political landscape.

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