A nice pump seems to be upcoming for the Ripple course

A nice pump seems to be upcoming for the Ripple course, partly caused by various XRP ETF requests that hang in the air.

Grayscale puts XRP ETF paper shop in order, what can we expect?

A nice pump seems to be upcoming for the Ripple course, partly caused by various XRP ETF requests that hang in the air. Grayscale is at the forefront, and today has (part of) the paper shop in order. What can we expect in the coming weeks?

The Grote Handelsbeurs New York Stock Exchange Arca sent the well-known form 19B-4 towards the SEC this morning. In this form the request is made to convert the Grayscale XRP Trust, which is already on the stock exchange, into a spot ETF. With this, Grayscale and Nyse Arca take an important step towards the launch of these stock market products.

With an ETF, investors can respond to the change of course of a property without having it themselves. For example, you can invest with a gold ETF in the price of the precious metal, without having to keep gold bars in a safe yourself. A crypto ETFAs Grayscale now sees with XRP, investors enables the Ripple rate to step without buying the token yourself and storing it in a digital wallet.

Grayscale is certainly not the only exhibition company that focuses on the development of XRP ETF products. It is now clear that Bitwise, Canary Capital, 21Shares, Wisdomtree and Coinshares are also in the race. These companies are expected to put the paper shop in order in the coming week.

This expectation is also supported by Eleanor Terrett, journalist at FOX Business. In a message on Twitter, she immediately announced that we can expect more news items from this week.

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The big absentee in the race for an XRP ETF is for the time being BlackRock. The stock market giant already has a Bitcoin and Ethereum ETF, but will remain on the margin in terms of new ETF products for the time being. They recently indicated that they first wanted to focus on expanding and improving the two existing stock market products.

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What will Ripple do race thanks to XRP ETF?

Nevertheless, the possible approval of an XRP ETF will come from heaven for many investors for many investors. An approval of these stock market products on traditional trading fairs is, after all, a huge recognition by the stock market watchdog SEC – the same body with which Token Publisher Ripple Labs was less than four years of legal clinch.

Moreover, XRP ETFs have many more traditional traders access to the token. This can be the drive rise from XRP up, As happened earlier thanks to Bitcoin and (to a lesser extent) Ethereum ETF products.

The market is not yet being responded to on the news about Grayscale. Over the past 24 hours, the token even yields something in line with the rest of the cryptomarket.

Nevertheless, some experts will provide a pump to possibly 27% in the coming period. The many applications that will arrive in the coming week for an XRP ETF must ensure this. After all, these can ensure that the token hair bullish can continue pattern. The token is currently at $ 3.10. The first hurdle to take is $ 3.55, which turned out to be a strong resistance in recent weeks. After this, a growth to $ 4.10 is possible, which would be a new ATH for the much -teased token.

XRP-Trader Vet, a well-known crypto expert (one of the founders of the XRPcafe), calls on his followers to wait quietly. He notes that XRP ETF applications would not take place if there were no demand for it.

Nevertheless, it can certainly take some time before the stock market products can really be tradable on the stock market. Many investors will therefore want to hit the token in the coming period.

Input on Ripple course with Best Wallet Token

The decentralized crypto platform ‘Best Wallet’ has grown considerably in recent years. This provider of non-custodial wallets sees its user percentage increase by 50% every month. It is thought that in 2026 around 40% of the wallets that are not connected to an exchange will come from Best Wallet.

With Best Wallet it is possible to buy Ripple now, at lower rates than with many centralized exchanges. However, do you use your own token of the platform, $BESTthen the benefits are even greater. For example, it is possible to earn extra return on staking From XRP – an option that does not offer XRP ETFs.

Moreover, the planned growth of the platform can ensure that the demand for $ is increasing. This makes investing in XRP together with this small crypto currency an ideal combination.