XRP Coin draws traction with recent good news and anticipated ETF approvals from the SEC.
XRP Coin and SEC Approval
The U.S. SEC addressed applications by ProShares Trust and approved multiple ETFs based on XRP Coin, positively impacting its price, which hovered above $2.20 during this writing. While the decision regarding spot ETFs is still pending, a response is expected soon.
The Future of XRP Coin
Currently, many spot XRP Coin ETFs are under review, with a final decision anticipated by November 2025. Ripple has also acquired Hidden Road for $1.25 billion, significantly expanding its credit network and blockchain services. With a trading volume nearing $319 million, RLUSD's activity remains impressive.
Growth Prospects and New Achievements
As CME prepares for options listings, the launch of futures ETFs will follow shortly after. The lawsuit has concluded, and Ripple aims for an initial public offering amidst a market recovery. With Trump's desire to position the country as a cryptocurrency capital, Ripple stands out as a major player capable of offering banking services in this space.
XRP Coin shows promising growth supported by favorable news about ETF approvals and Ripple's future plans. Positive days for XRP are expected ahead.
