Do you think XRP ETF will help its price in the coming bull run?

[SilverLance]

For a long time, XRP price has been stuck in a place. The SEC fight has affected it badly. Now, the company has also launched its stablecoin. And considering the fact, SEC has submitted another appeal against it, do you think XRP ETF will help its price in the coming bull run?

 

[Suba]

As far as I know, currently the XRP ETF has not been approved by the SEC, and the XRP ETF was only registered in September 2024. To get approval from the SEC will certainly take a very long time. However, if the XRP ETF is approved, it will expand XRP investment in the traditional market/stock exchange which will certainly increase the liquidity and adoption of XRP, thus pushing the price of XRP up.

 

[SilverLance]

I agree the approval of an XRP ETF by the SEC would likely take a long time. But if or when the approval has been given it will have a positive impact on the price of XRP. This it'll provide more accessibility and legitimacy to XRP as an investment option for traditional investors.

 

[Stardom22]

Obviously as the SEC approves the XPR ETF more crypto currency enthusiants would have gained more trust on it and more people would invest in that. With that being said, the prices are therefore likely to shoot for that reasons.