#Xrp🔥🔥 WisdomTreeFunds FILES FOR SPOT $XRP ETF what does it mean for the coin's price?

• WisdomTreeFunds is a major player in the ETF market. Their application for a spot ETF for XRP signals confidence in the coin and its long-term prospects.

• This strengthens the trust of institutional investors who may have previously avoided XRP due to regulatory risks.

• A spot ETF requires the direct purchase of XRP, which creates additional demand for the coin. This may reduce the available supply on exchanges, especially considering the current trading volumes of XRP.

• If the ETF is approved, institutional funds will begin to buy XRP in bulk, leading to a price increase.

• The filing indicates that the regulatory hurdles around XRP, such as the SEC cases, are losing their sharpness.

• In the short term, the news of the filing itself could provoke a price increase for XRP to $2.5–$3.

• If the ETF is approved, in the long term, the price could reach $5 and above, especially with increasing institutional interest.

The launch of the spot ETF for XRP will be an important milestone for the cryptocurrency market, opening doors for XRP to institutional capital. For investors, this is a signal of a possible beginning of a new growth phase. $XRP