Prediction of XRP ETF Launch

The unfolding events in the cryptocurrency world revolving around Ripple and SEC are creating significant discussions regarding XRP. The recent approvals of Bitcoin and Ethereum ETFs have shifted the focus towards the possibility of new ETFs. Ripple's CEO, amidst the ongoing speculations, shared a crucial insight regarding the potential launch of XRP ETFs.

Anticipated Arrival of XRP ETFs

Brad Garlinghouse, the CEO of Ripple, recently made a noteworthy declaration suggesting the inception of XRP ETFs in 2025. Despite the legal challenges faced by Ripple and XRP, the discussion about the introduction of XRP ETFs is gaining traction. Although Bitcoin and Ethereum ETFs had their dominance in 2024, the regulatory obstacles surrounding XRP, a prominent player in the market with substantial trading volume, remain a topic of interest.

However, it is crucial to acknowledge that Ripple is still entangled in a longstanding SEC case that has been unresolved for four years. While an interim verdict favored Ripple and Brad Garlinghouse last summer, the final decision is still awaited.

Current XRP Price

At the time of writing, the price of XRP is observed to be on an upward trend following recent developments. XRP is currently trading at $0.5271 after experiencing a 1% surge in the past 24 hours, with the market volume settling around $29 billion.

The trading volume within the last 24 hours has shown a significant increase, with a surge of over 8% following the latest news, leading to a trading volume surpassing $1.1 billion. The Relative Strength Index (RSI) value of XRP has also sharply risen, crossing the neutral zone and peaking at 56.33, indicating an escalation in buying pressure over the sellers.

These recent developments highlight the evolving landscape of XRP and its potential trajectory amidst the ongoing discussions surrounding the anticipation of XRP ETFs by 2025.