Should You Buy XRP Before SEC Approves Ripple ETF?
The post Should You Buy XRP Before SEC Approves Ripple ETF? appeared on BitcoinEthereumNews.com. XRP price is experiencing choppy movements that could continue for most of this week after the SEC delayed its decision on Franklin Templeton’s Ripple ETF filing. However, Bloomberg believes there is an 85% odd of approval by the final deadline in October. With the increased chances, traders are speculating whether to buy XRP now and await gains. XRP Remains Flat As Bloomberg Eyes ETF Approval in Q4 XRP value today is experiencing sideways moves with no clear breakout despite a bullish outlook in the broader market as Bitcoin defends $95,000. Its lack of meaningful gains comes after the SEC delayed the decision on Franklin Templeton’s XRP ETF filing until June 17. XRP/USDT: 4-Hour Chart Despite this development, Bloomberg has increased XRP ETF approval odds to 85% while analyst James Seyffart has opined that the commission may give its nod on the pending applications during the last quarter of 2025. While responding to Crypto in America host Eleanor Terrett, Seyffart added that the SEC approve the filings before the final decision date. Eleanor Terrett Seyffart is likely basing his projection for approval on the SEC vs. Ripple lawsuit coming to an end. The new chair, Paul Atkins, took office last week, and he may be the key to this case finally being closed. Should You Buy XRP Before ETF Approval Deadline? Approval will mean gains for the XRP price, considering that institutions have shown interest in the Ripple ETFs that are already trading. The first US leverage Ripple ETF by Teucrium has amassed $55M in net assets one month into launch, while Brazil also debuted a spot ETF. According to analyst Chad on X, approval will fuel a price rally by opening up a new revenue stream for most investors. Meanwhile, investment banking giant Standard Chartered has predicted that XRP might…
The post Should You Buy XRP Before SEC Approves Ripple ETF? appeared on BitcoinEthereumNews.com.
XRP price is experiencing choppy movements that could continue for most of this week after the SEC delayed its decision on Franklin Templeton’s Ripple ETF filing. However, Bloomberg believes there is an 85% odd of approval by the final deadline in October. With the increased chances, traders are speculating whether to buy XRP now and await gains. XRP Remains Flat As Bloomberg Eyes ETF Approval in Q4 XRP value today is experiencing sideways moves with no clear breakout despite a bullish outlook in the broader market as Bitcoin defends $95,000. Its lack of meaningful gains comes after the SEC delayed the decision on Franklin Templeton’s XRP ETF filing until June 17. XRP/USDT: 4-Hour Chart Despite this development, Bloomberg has increased XRP ETF approval odds to 85% while analyst James Seyffart has opined that the commission may give its nod on the pending applications during the last quarter of 2025. While responding to Crypto in America host Eleanor Terrett, Seyffart added that the SEC approve the filings before the final decision date. Eleanor Terrett Seyffart is likely basing his projection for approval on the SEC vs. Ripple lawsuit coming to an end. The new chair, Paul Atkins, took office last week, and he may be the key to this case finally being closed. Should You Buy XRP Before ETF Approval Deadline? Approval will mean gains for the XRP price, considering that institutions have shown interest in the Ripple ETFs that are already trading. The first US leverage Ripple ETF by Teucrium has amassed $55M in net assets one month into launch, while Brazil also debuted a spot ETF. According to analyst Chad on X, approval will fuel a price rally by opening up a new revenue stream for most investors. Meanwhile, investment banking giant Standard Chartered has predicted that XRP might…
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