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XRP news today: XRP ETFs Anticipation Grows as SEC Decision Looms

Coin WorldFriday, May 2, 2025 10:07 am ET

1min read

XRP ETFs have emerged as one of the most eagerly awaited filings in the cryptocurrency space, with over 10 applications already submitted to the Securities and Exchange Commission (SEC). Initially, there was an expectation that the regulator would approve these ETFs for trading by the start of May. However, the decision has been delayed, further heightening market anticipation for these exchange-traded funds. Investors are now eagerly awaiting the green light from the SEC.

There are several reasons why investors are anticipating the launch of XRP ETFs. One of the primary reasons is the ease of access these ETFs provide to institutional investors, who can now invest in XRP without the need to purchase the cryptocurrency directly. This increased accessibility is expected to drive demand as XRP gains mainstream acceptance, potentially leading to a rise in the token's value and possibly pushing it to new all-time highs.

Dan Tapiero, the founder of 10T Holdings, a US-based equity firm, has provided insights into why the XRP ETFs are being anticipated. In an interview, Tapiero highlighted XRP’s resilience, noting that the altcoin has managed to survive and maintain its position as one of the most valuable cryptocurrencies despite low market participation due to the SEC’s lawsuit, which has spanned over four years. Tapiero also praised Ripple, the crypto firm behind XRP, for transforming itself into a conglomerate of assets within the ecosystem. This transformation, according to Tapiero, adds value to XRP, making it an attractive investment for many.

Another factor contributing to the anticipation of XRP ETFs is the inclusion of XRP in Donald Trump’s strategic crypto reserve, alongside other prominent cryptocurrencies like Bitcoin, Ethereum, Solana, and Cardano. Additionally, Ripple’s founder, Brad Garlinghouse, continues to collaborate with President Donald Trump, reinforcing the narrative that XRP is a "Made in America" asset. This association with the US political landscape further boosts investor confidence in XRP.

The launch of XRP ETFs is expected to have a significantly bullish impact on the XRP price. This expectation is based on the performance of Bitcoin and Ethereum following the approval of their respective Spot ETFs. Before the launch of the Spot Bitcoin ETFs, the BTC price was trading below $50,000. However, in the months following the approval, Bitcoin rose by more than 100% to reach new all-time highs above $100,000. If the XRP ETFs are approved this year and follow a similar pattern, it is anticipated that the XRP price will surpass $4, exceeding its 2017 high of $3.8. The influx of institutional funds, coupled with Ripple’s mission to make XRP the digital asset of choice for institutions and banks, is expected to drive this price increase.

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