BREAKING
326d 19h ago

Ripple CEO Confident About Upcoming XRP ETF Launch by 2025 Amid Legal Developments

XRP

XRP/USDT

$1.455
+3.23%
24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4639

2.87%

Volume (24h): -

Resistance Levels
Resistance 3$1.8487
Resistance 2$1.6763
Resistance 1$1.487
Price$1.4639
Support 1$1.3865
Support 2$1.2841
Support 3$1.1172
Pivot (PP):$1.448
Trend:Downtrend
RSI (14):36.8

In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse revealed that an XRP exchange-traded fund (ETF) is anticipated to launch by the end of 2025, contingent upon the resolution of the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Garlinghouse expressed optimism regarding the ETF’s approval, highlighting Ripple’s strategic direction in the cryptocurrency landscape. He emphasized that the prospect of a Ripple Labs initial public offering (IPO) remains a viable option as the company seeks to expand its market presence. This announcement comes at a pivotal time for Ripple, as developments regarding regulatory frameworks are expected to significantly influence the future of digital assets in the U.S. financial system. Stakeholders are encouraged to stay informed on these pivotal advancements that could reshape the trading of cryptocurrencies in the near future.

Share News:
Don't Miss Breaking News