BREAKING
377d 13h ago

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

XRP

XRP/USDT

$1.3451
+1.43%
24h Volume

$526,675,977.20

24h H/L

$1.3584 / $1.3192

Change: $0.0392 (2.97%)

Long/Short
73.6%
Long: 73.6%Short: 26.4%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.3445

1.43%

Volume (24h): -

Resistance Levels
Resistance 3$1.4699
Resistance 2$1.4264
Resistance 1$1.3621
Price$1.3445
Support 1$1.3235
Support 2$1.2663
Support 3$1.2146
Pivot (PP):$1.3406
Trend:Downtrend
RSI (14):41.3

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.

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