Prospects of Potential XRP ETF Approval

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Potential Peace Deal Between US and Iran Could Boost Markets

chest

Potential peace deal between the US and Iran could boost markets by elevating investor sentiment and reducing inflation.

user avatarDiego Alvarez

Cryptocurrency Market Remains Stable Amid Inflation Changes

chest

The cryptocurrency market remains stable despite falling inflation numbers, with Bitcoin trading around $63,000.

user avatarMaria Fernandez

Asian and US Stock Markets React to Falling Inflation

chest

Asian stock markets showed relief on August 14, 2026, with the US stock market following suit in premarket hours as investors reacted positively to the dip in inflation numbers.

user avatarKenji Takahashi

US Inflation Rates Show Slight Decrease in July 2026

chest

US inflation numbers cooled slightly in July 2026, with the Consumer Price Index dropping, although prices remain higher than pre-US-Iran conflict levels.

user avatarGustavo Mendoza

OpenAI Launches GPT56 Sol Ultrafast, Boosting AI Speed and Efficiency

chest

OpenAI has launched a limited preview of GPT56 Sol Ultrafast, a new service tier that significantly increases the speed of its AI model.

user avatarMiguel Rodriguez

Google Unveils Gemini 37 Flash, Its Most Intelligent AI Model Yet

chest

Google has launched Gemini 37 Flash, an AI model optimized for coding and business workflows, offering significant speed and efficiency improvements.

user avatarRajesh Kumar

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.