
output: A crypto market outlook for 2025 appears optimistic with several altcoin ETFs anticipated to be approved. In a recent Bloomberg interview, Ripple president Monica Long shared her perspective on the potential XRP ETF approval sequence.
According to Long, several U.S. spot crypto ETFs are expected to be approved this year, and XRP is likely to be next in line after Bitcoin and ETH ETFs.
Multiple applications for XRP ETFs have been filed with the SEC by Canary Capital and other potential issuers. Long believes that the new administration may expedite the approval process.
Additionally, the Ripple dollar (RLUSD) is set to be imminently integrated into leading platforms like Coinbase.
In 2023, U.S. District Judge Analisa Torres ruled that XRP was not a security when sold on public exchanges. However, the SEC could still claim jurisdiction if the tokens were offered directly to institutional investors.
Coinbase is now planning to appeal to the Second Circuit to determine whether the SEC is correct in treating “sales of digital assets on secondary market” as a security.
If the court agrees with Torres's analysis, it could strengthen XRP's legal standing in the country. However, if the sale of tokens on exchanges is ultimately deemed to be a security, it could negatively impact XRP ETF prospects.
The SEC has the option to appeal Torres's ruling, and the deadline for doing so is January 15. XRP is likely to experience a significant price movement early next week, depending on the regulator's decision.
According to prediction site Polymarket, the chances of XRP ETF approval in 2025 are priced at +70%, indicating optimism within the crypto market.
On the price chart, XRP has been consolidating within a triangle pattern. A breakout could either trigger an upswing to $3.4 or drag it lower to $1.
부인 성명:info@kdj.com
제공된 정보는 거래 조언이 아닙니다. kdj.com은 이 기사에 제공된 정보를 기반으로 이루어진 투자에 대해 어떠한 책임도 지지 않습니다. 암호화폐는 변동성이 매우 높으므로 철저한 조사 후 신중하게 투자하는 것이 좋습니다!
본 웹사이트에 사용된 내용이 귀하의 저작권을 침해한다고 판단되는 경우, 즉시 당사(info@kdj.com)로 연락주시면 즉시 삭제하도록 하겠습니다.