- Spot Bitcoin ETFs recently drove Bitcoin (BTC) to new all-time highs—could an XRP ETF do the same for Ripple’s native token?
- Ripple Settlement:
- Ripple Labs vs. SEC: Four-year legal battle ends with Ripple paying $125 million in civil penalties.
- Court Ruling: Judge Analisa Torres confirmed that XRP is not a security.
- Regulatory Clarity: This resolution could pave the way for an XRP ETF.
- Expert Insights:
- Kashif Raza (Founder of Bitnning): Optimistic about new XRP ETF filings following Ripple's legal victory.
- Amelie (Crypto Enthusiast): Sees potential for an XRP ETF between 2024 and 2025 due to Ripple’s newfound regulatory status.
- Tony Edward (Crypto Analyst): Predicts a bullish path for XRP, with a possible price target of $4 to $8.
- Bullish Projections:
- Brett Hill (BitTrue Ambassador): More optimistic, predicting XRP could reach $18 to $20 within the next 1 to 6 months.
- Current Market Reaction:
- XRP surged 25% post-settlement, now hovering near $0.7.
- Speculations are mounting that an XRP ETF could significantly boost XRP’s value, potentially reaching $20.
💡 What do you think? Could an XRP ETF send the price soaring to $20? Share your predictions in the comments below!
