Flash
February 20, 2025 10:00 PM
XRP surged to $2.71 after the SEC acknowledged new XRP ETF filings from WisdomTree and Canary Capital, signaling increased institutional interest. With multiple pending ETF applications and Brazil’s official approval of a spot XRP ETF, optimism is growing that XRP could soon have regulated investment exposure.
Despite the rally, analysts remain cautious, citing ongoing legal uncertainty with Ripple’s SEC case. However, as the SEC continues to approve altcoin ETFs, market sentiment suggests XRP could follow suit in 2025.
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