π XRP ETF approval odds jumped to 83% on Polymarket, up from 70%, despite the SEC delaying decisions on multiple filings. Firms like Bitwise, Grayscale, and Franklin Templeton are still awaiting green lights, with decisions expected by October.
π Ripple CEO Brad Garlinghouse called ETFs a bridge for institutions to access crypto, pointing to Bitcoin ETFs hitting $10B faster than any ETF before. He expects XRP to follow suit.
π Meanwhile, the first XRP futures ETF launched on Nasdaq under the ticker XRPI, following a similar move by CME. Tectrium also launched a 2x leveraged XRP ETF, signaling growing institutional demand.
π While spot ETFs are delayed, these launches boost XRPβs legitimacyβand investor optimism.
π₯ Analyst Egrag Crypto predicts XRP could rally 430%, reaching between $12 and $46. His average target? Around $27, if historical price patterns repeat.
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)