• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Prospects of Potential XRP ETF Approval

user avatar

by Giorgi Kostiuk

3 months ago


In a Bloomberg interview, Ripple President Monica Long hinted that approval for an XRP-based ETF might soon be secured, leading to positive changes in U.S. crypto regulation.

Potential Approval of XRP-Based ETF

Monica Long expressed optimism about the future of U.S. crypto regulations, suggesting that an XRP ETF might follow Bitcoin and Ether. Ripple is in the process of filing for this financial instrument's approval with the SEC.

Launch of New RLUSD Stablecoin

The company also announced the launch of the RLUSD stablecoin, with a capitalization of $72 million. In partnership with Chainlink, Ripple has integrated some of its services to strengthen RLUSD's application in the DeFi system.

Regulatory Changes and Market Trends

Since November, speculation that a crypto-friendly U.S. administration could positively impact tokens like XRP has increased. XRP's price has surged over 300% since Trump's victory, linked to a positive regulatory sentiment in the U.S.

Overall, the outlook for XRP and Ripple appears promising given regulatory changes and product expectations. The market anticipates further growth of the cryptocurrency with support from new regulatory initiatives.

0

Share

Other news

Overview of Promising Cryptocurrencies for 2025: Qubetics, Polkadot, and Render

Analysis of new cryptocurrency projects: Qubetics, Polkadot, and Render, their opportunities and market impact in 2025.

user avatarGiorgi Kostiuk

a minute ago

China's Actions and Their Consequences for the Cryptocurrency Market

China is increasing tariffs and restricting business with the US, affecting global trade and the cryptocurrency market.

user avatarGiorgi Kostiuk

a minute ago

Dogecoin Faces Potential Drop: New Player Mutuum Finance Emerges

Dogecoin may fall below $0.10 while interest in Mutuum Finance rises in the DeFi sector.

user avatarGiorgi Kostiuk

3 minutes ago

Bitcoin Price Forecast: Potential Drop to $70,000

Analysts warn of a possible decline in Bitcoin price to $70,000 due to US trade tariffs.

user avatarGiorgi Kostiuk

3 minutes ago

Yala RealYield: New Marketplace for Yield using Bitcoin

Yala invests in the real assets market, enabling Bitcoin holders to earn returns on the Yala RealYield platform.

user avatarGiorgi Kostiuk

14 minutes ago

Octa's Study: Warning Signs When Choosing a Financial Broker

Traders from various countries identified key warning signs indicating unreliable brokers. Discover what they found.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.