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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: MrSpasybo on February 21, 2024, 08:04:49 PM

Title: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on February 21, 2024, 08:04:49 PM
The crypto market has grown strongly after the BTC Spot ETF was approved on January 11, 2024[1], while the ETH Spot ETF is under consideration[2]. However, the crypto market seems to have forgotten that the XRP Spot ETF may also appear soon because like BTC, XRP is also not a security. This was clearly established when Ripple won SEC lawsuit in July 2023[3].

But it looks like we won't have to wait too long for the XRP Spot ETF because Ripple also doesn't want to miss out on the opportunity to have a Spot ETF. Unlike Cathie Wood's view that the SEC will only approve BTC and ETH Spot ETF[4], Brad Garlinghouse, Ripple's CEO, believes that various token-based ETFs are inevitable and will play a crucial role in diversifying investment risks within the crypto market.

"Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has disclosed that the crypto solutions provider and developer of the Ripple payment protocol would welcome a spot exchange-traded fund (ETF) for the network’s native token, XRP[5]".

I don't think we should have a few dozen Crypto Spot ETF products on the market, it might confuse traditional investors, but XRP Spot ETF absolutely deserves to exist alongside BTC & ETH Spot ETFs. BTC is the crypto king, ETH is the altcoins leader, and XRP leads the crypto-bank trend and has dozens of partners and customers globally[6]. Founded in 2012, Ripple Labs stands as one of the earliest blockchain innovators, predating Ethereum and trailing only Bitcoin in its establishment[7], Ripple is truly a giant in the crypto market and XRP has consistently been in the top 10 Coinmarketcap over the past decade.

I predict that as soon as the ETH Spot ETF is approved in May of this year, we will start to hear the story of the XRP Spot ETF and an extremely impressive new growth journey for the XRP token. I expect XRP to make a new ATH in 2025 at a price higher than $3.3 of January 2018.

Are you waiting for information about XRP Spot ETF? Will you support this new Spot ETF product? If it will be approved, which impact will XRP Spot ETF have on the XRP token price?

Update 2024.10.02: Bitwise has registered a trust entity in Delaware, a step toward creating an XRP ETF. This is the first time a legitimate filing for an XRP ETF has been confirmed [8].

[1] Bitcoin ETFs Approved: The Industry Reacts (https://www.coindesk.com/consensus-magazine/2024/01/10/bitcoin-etfs-approved-the-industry-reacts/)
[2] Ethereum ETF Applications Await SEC Decision (https://en.coin-turk.com/ethereum-etf-applications-await-sec-decision/)
[3] Breaking: Judge rules XRP is not a security in SEC's case against Ripple (https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security)
[4] Ark’s Cathie Wood says SEC probably will only approve BTC and ETH ETFs (https://cryptoslate.com/arks-cathie-wood-says-sec-probably-will-only-approve-btc-and-eth-etfs/)
[5] Ripple CEO Says Firm is Open to Welcoming a Spot XRP ETF (https://cryptopotato.com/ripple-ceo-says-firm-is-open-to-welcoming-a-spot-xrp-etf/)
[6] Ripple: Customers (https://ripple.com/customers/)
[7] CFI: Ripple (https://corporatefinanceinstitute.com/resources/cryptocurrency/ripple)
[8] Bitwise Takes a Step Toward XRP ETF (https://www.coindesk.com/policy/2024/10/01/bitwise-takes-a-step-toward-xrp-etf/)
Title: Re: Will we have XRP Spot ETF soon?
Post by: KryptoBull on February 23, 2024, 01:12:38 AM
I predict that as soon as the ETH Spot ETF is approved in May of this year, we will start to hear the story of the XRP Spot ETF and an extremely impressive new growth journey for the XRP token. I expect XRP to make a new ATH in 2025 at a price higher than $3.3 of January 2018.

Are you waiting for information about XRP Spot ETF? Will you support this new Spot ETF product? If it will be approved, which impact will XRP Spot ETF have on the XRP token price?
Currently, the new cash flow only focuses on BTC Spot ETF, a small part focuses on ETH Spot ETF, no fund has submitted an application to have XRP Spot ETF even though XRP was ruled not to be a security last year. It seems that large institutions cannot yet trust XRP, or at least do not believe in demand from retail investors for XRP-based ETF products.

Now, we also need to focus on the possibility of the ETH Spot ETF being approved. We should not wait for the XRP Spot ETF yet. Only when a fund applies will we need to pay attention.

If Ripple wanted to, it would not be easy to introduce the XRP Spot ETF itself because Ripple is not an investment fund, not reputable in securities management like BlackRock, not many people would want to buy XRP Spot ETF.

Investors would rather buy and keep XRP on the market, which seems safer than XRP Spot ETF 8)
Title: Re: Will we have XRP Spot ETF soon?
Post by: Zed0X on February 23, 2024, 12:41:26 PM
Putting lots of salt to SEC's wound ;D? Anyway, I think Ripple has enough backing to start the XRP spot ETF ball rolling. I personally do not care as a crypto user but I'll definitely watch the development of this as an investor. If ETH will be approved, I doubt it will stop there.
Title: Re: Will we have XRP Spot ETF soon?
Post by: TomPluz on February 24, 2024, 12:08:17 PM

I predict that as soon as the ETH Spot ETF is approved in May of this year, we will start to hear the story of the XRP Spot ETF and an extremely impressive new growth journey for the XRP token. I expect XRP to make a new ATH in 2025 at a price higher than $3.3 of January 2018.

Are you waiting for information about XRP Spot ETF? Will you support this new Spot ETF product? If it will be approved, which impact will XRP Spot ETF have on the XRP token price?


There can be a possibility for XRP ETF but this may not be coming this year especially that the country is entering the election period and SEC might choose to stall things for a while as they open up the possibility of new people coming in or a new administration can be sworn in come January 20. However, this is just my personal opinion. We have to take note that I think the market is more excited with the ETF for Ethereum compared to XRP and I don't know why...can it be because XRP has already lost of its shine in the local market as it is struggling to take advantage of the ongoing bullish sentiment experienced by BTC, ETH and other leading alts? At any rate, since I do have some XRP hidden somewhere, I would gladly welcome an ETF for XRP as it can propel XRP for new heights that many hope can be able it to shatter its old ATH record.

Title: Re: Will we have XRP Spot ETF soon?
Post by: legend45 on February 24, 2024, 04:52:31 PM

I predict that as soon as the ETH Spot ETF is approved in May of this year, we will start to hear the story of the XRP Spot ETF and an extremely impressive new growth journey for the XRP token. I expect XRP to make a new ATH in 2025 at a price higher than $3.3 of January 2018.

Are you waiting for information about XRP Spot ETF? Will you support this new Spot ETF product? If it will be approved, which impact will XRP Spot ETF have on the XRP token price?


There can be a possibility for XRP ETF but this may not be coming this year especially that the country is entering the election period and SEC might choose to stall things for a while as they open up the possibility of new people coming in or a new administration can be sworn in come January 20. However, this is just my personal opinion. We have to take note that I think the market is more excited with the ETF for Ethereum compared to XRP and I don't know why...can it be because XRP has already lost of its shine in the local market as it is struggling to take advantage of the ongoing bullish sentiment experienced by BTC, ETH and other leading alts? At any rate, since I do have some XRP hidden somewhere, I would gladly welcome an ETF for XRP as it can propel XRP for new heights that many hope can be able it to shatter its old ATH record.

Yes, I think an altcoin ETF will follow soon, once a bitcoin ETF is approved. An ethereum ETF is in the works and perhaps we will hear ETF ripples. but maybe it will be postponed for the ripples as you said, there is an election going on there.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 02, 2024, 01:58:53 AM
There can be a possibility for XRP ETF but this may not be coming this year especially that the country is entering the election period and SEC might choose to stall things for a while as they open up the possibility of new people coming in or a new administration can be sworn in come January 20. However, this is just my personal opinion. We have to take note that I think the market is more excited with the ETF for Ethereum compared to XRP and I don't know why...can it be because XRP has already lost of its shine in the local market as it is struggling to take advantage of the ongoing bullish sentiment experienced by BTC, ETH and other leading alts? At any rate, since I do have some XRP hidden somewhere, I would gladly welcome an ETF for XRP as it can propel XRP for new heights that many hope can be able it to shatter its old ATH record.
I also think that the possibility of having an XRP Spot ETF is not really high, because XRP is not really famous and has a large community like before the SEC lawsuit. Attention and cash flow are still only focused on BTC and ETH, XRP has not been able to break out to affirm its position in this market.

If possible, Ripple should launch plans for an XRP Spot ETF after XRP creates a new ATH. Then, FOMO will help XRP have greater demand from users, the SEC will have a reason to consider and approve the XRP Spot ETF. Even so, the SEC still doesn't like Ripple and XRP ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: Trongduy on March 10, 2024, 05:08:57 PM
There can be a possibility for XRP ETF but this may not be coming this year especially that the country is entering the election period and SEC might choose to stall things for a while as they open up the possibility of new people coming in or a new administration can be sworn in come January 20. However, this is just my personal opinion. We have to take note that I think the market is more excited with the ETF for Ethereum compared to XRP and I don't know why...can it be because XRP has already lost of its shine in the local market as it is struggling to take advantage of the ongoing bullish sentiment experienced by BTC, ETH and other leading alts? At any rate, since I do have some XRP hidden somewhere, I would gladly welcome an ETF for XRP as it can propel XRP for new heights that many hope can be able it to shatter its old ATH record.
For the time being, I also only follow ETH spot ETF and its impact on the general market, because ETH ETF is the focus right after the halving. Although XRP has great potential, it is still entangled in the remaining small lawsuit related to Ripple selling XRP to large investors as a contract. XRP spot ETF will also be a good suggestion for the future for XRP to return to the capitalization race and regain the glory forgotten in the previous season.

I'm more waiting for Ripple's IPO, when Ripple can issue shares like Coinbase's Coin, helping to attract direct investment capital instead of having to go through ETFs like BTC or ETH. This option is more feasible and can be implemented in the short term, but XRP spot ETH has not been proposed yet so we do not need to expect too much.
Title: Re: Will we have XRP Spot ETF soon?
Post by: joniboini on March 11, 2024, 09:41:07 AM
If possible, Ripple should launch plans for an XRP Spot ETF after XRP creates a new ATH. Then, FOMO will help XRP have greater demand from users, the SEC will have a reason to consider and approve the XRP Spot ETF. Even so, the SEC still doesn't like Ripple and XRP ^^
How would they plan to launch an ETF though? Are you suggesting they create a new company to issue the submission to the SEC? Even if they have the time and money to do that, why not ask Grayscale or somebody else to create it for them? Then again I doubt Grayscale is interested in launching an ETF on a coin with ongoing or past legal battles with the SEC. I honestly doubt FOMO from retail is why the SEC gives a green light to any ETF, is there any research that shows this is the case? I'm aware of public comments on any proposal, but I doubt its impact on SEC decision-making.
Title: Re: Will we have XRP Spot ETF soon?
Post by: NikeFit_7777 on March 12, 2024, 09:46:05 AM
I also think that the possibility of having an XRP Spot ETF is not really high, because XRP is not really famous and has a large community like before the SEC lawsuit. Attention and cash flow are still only focused on BTC and ETH, XRP has not been able to break out to affirm its position in this market.
If possible, Ripple should launch plans for an XRP Spot ETF after XRP creates a new ATH. Then, FOMO will help XRP have greater demand from users, the SEC will have a reason to consider and approve the XRP Spot ETF. Even so, the SEC still doesn't like Ripple and XRP ^^
Exactly. They have to first resolve all the issues with the SEC + in their current situation accepting ETFs is something unrealistic (my personal opinion). Globally, the adoption of spot ETF-ETH is more likely to happen. And in ot with other cryptocurrencies, as ambiguous as possible.

P.S. Yes, I could be wrong + the SEC is as unpredictable a campaign as possible. Only time will tell who was right. But if this event does (someday) happen, the price will be manipulated as much as possible. Whoever is more cunning will be able to make money. In the meantime, let's watch the news and lock in interest yields where possible.  8)
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 16, 2024, 06:06:27 PM
Exactly. They have to first resolve all the issues with the SEC + in their current situation accepting ETFs is something unrealistic (my personal opinion). Globally, the adoption of spot ETF-ETH is more likely to happen. And in ot with other cryptocurrencies, as ambiguous as possible.

P.S. Yes, I could be wrong + the SEC is as unpredictable a campaign as possible. Only time will tell who was right. But if this event does (someday) happen, the price will be manipulated as much as possible. Whoever is more cunning will be able to make money. In the meantime, let's watch the news and lock in interest yields where possible.  8)
I can't buy XRP Spot ETF in the US and I don't really expect it in this cycle, currently the crypto community is only tracking data on BTC Spot ETF and waiting for approval for ETH Spot ETF this year. I just think that XRP has emerged from the lawsuit with the SEC in a winning position, it will need a narrative compelling enough to attract capital from this market and XRP Spot ETF is one of the possibilities to take advantage of the "XRP is not a security" info.

The SEC is trying to slow down the development of the crypto market, but if Trump wins this year, we may have a new SEC chairman and the SEC's view of this market will change. At that time, the opportunity for XRP Spot ETF will increase. I quite like XRP so I will hope for the best for this token.
Title: Re: Will we have XRP Spot ETF soon?
Post by: bitterguy28 on March 18, 2024, 08:47:28 AM
Putting lots of salt to SEC's wound ;D? Anyway, I think Ripple has enough backing to start the XRP spot ETF ball rolling. I personally do not care as a crypto user but I'll definitely watch the development of this as an investor. If ETH will be approved, I doubt it will stop there.
Haahaha , yeah this makes the closeness of SEC and Ripple team more flavorful  :D ;)

but indeed that Ripple has enough reason to be awarded an approval of ETF so after Ethereum ETF then may we expect this XRP following .

Hope to happen any time soon after ethereum.
Title: Re: Will we have XRP Spot ETF soon?
Post by: NikeFit_7777 on March 19, 2024, 10:32:15 AM
I can't buy XRP Spot ETF in the US and I don't really expect it in this cycle, currently the crypto community is only tracking data on BTC Spot ETF and waiting for approval for ETH Spot ETF this year. I just think that XRP has emerged from the lawsuit with the SEC in a winning position, it will need a narrative compelling enough to attract capital from this market and XRP Spot ETF is one of the possibilities to take advantage of the "XRP is not a security" info.

The SEC is trying to slow down the development of the crypto market, but if Trump wins this year, we may have a new SEC chairman and the SEC's view of this market will change. At that time, the opportunity for XRP Spot ETF will increase. I quite like XRP so I will hope for the best for this token.
I don't think it's realistic yet. The SEC is not going to give the XRP team that opportunity. Besides, they haven't fully resolved the litigation. + Haven't seen information and initiative again from the team that they are ready to apply for ETF approval etc. If something like this happens, at any rate the SEC won't miss an opportunity. As always price manipulation + investor intimidation. Everything that was tweeted during the adoption of the BTC-ETF will be similar with other assets.  ;D

P.S. All the SEC is interested in is making money/scaring/taking it away.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 24, 2024, 08:39:26 PM
I don't think it's realistic yet. The SEC is not going to give the XRP team that opportunity. Besides, they haven't fully resolved the litigation. + Haven't seen information and initiative again from the team that they are ready to apply for ETF approval etc. If something like this happens, at any rate the SEC won't miss an opportunity. As always price manipulation + investor intimidation. Everything that was tweeted during the adoption of the BTC-ETF will be similar with other assets.  ;D

P.S. All the SEC is interested in is making money/scaring/taking it away.
We will wait together, XRP Spot ETF is just one of many ways that Ripple can use to revive XRP in this cycle, they don't want to miss it like what happened in 2021. If there is no XRP Spot ETF, we can see something newer like new application potential, extremely large partners or Ripple's IPO in the US market. I don't think the current SEC lawsuit can have a significant impact on XRP's development and its potential in the market. Ripple is still a giant, they have a tradition of pumping XRP price extremely crazy in previous cycles. I really look forward to their actions in this cycle to make the crypto market more vibrant  ;D
Title: Re: Will we have XRP Spot ETF soon?
Post by: cebo on March 26, 2024, 07:39:57 AM
Isn't that dangerous? Will this be controversial?
As far as I know, Ripple is a centralized coin, at any time Ripple coins held in various wallets can be frozen.
If the ETF opens trading for Ripple coins then be prepared for the manipulation that will be provided by the Ripple coin Dev which will later impact the trading of Ripple coins in the ETF.

It is too risky for Ripple to be traded on the ETF market, for Bitcoin also recently there were a lot of policy considerations that were needed so that it could be accepted on the ETF.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Aanuoluwatofunmi on March 26, 2024, 11:06:03 AM
Since bitcoin ETF had been approved and now we are having the pursuant after that of Ethereum as well to get approved sometimes in the near future, that means any other cryptocurrency can also make an application for approval since it has to be extended also to the alts currencies and XRP is not a type that could be low rated in choosing the most recognized altcoins, if Ethereum is considered later, then we should expect XRP as well altogether.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Legion on March 28, 2024, 07:55:37 AM
Since bitcoin ETF had been approved and now we are having the pursuant after that of Ethereum as well to get approved sometimes in the near future, that means any other cryptocurrency can also make an application for approval since it has to be extended also to the alts currencies and XRP is not a type that could be low rated in choosing the most recognized altcoins, if Ethereum is considered later, then we should expect XRP as well altogether.
I saw some news saying that the SEC was withdrawing its decision and reconsidering whether to accept Ehtereum into the ETF or not, because there were several problems that had to make the SEC review it, Ethereum was too dangerous to enter the ETF list.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 30, 2024, 10:30:28 PM
I saw some news saying that the SEC was withdrawing its decision and reconsidering whether to accept Ehtereum into the ETF or not, because there were several problems that had to make the SEC review it, Ethereum was too dangerous to enter the ETF list.
Current Spot ETF attention is on ETH. Although the SEC may be looking for a way to reject it, I don't think they will be successful because they don't dare to declare ETH a security to confront the CFTC, and the ETH future price is closely following the ETH spot price. I think ETH Spot ETFs will be approved this year, and then we can think about XRP Spot ETFs because XRP is also not a security.

Everything depends on the decision of large funds like BlackRock and Fidelity. Currently, they are only focused on BTC and ETH because they have a large community, large liquidity, and are extremely popular in the crypto market. XRP does not have such a good position, it is not even as popular as SOL or DOGE. I just hope that Ripple can do something interesting in this cycle to bring XRP back to popularity and the ability to increase in price strongly  ::)
Title: Re: Will we have XRP Spot ETF soon?
Post by: UNIVERSE on April 28, 2024, 11:58:26 PM
I'm not sure. because ethereum alone will probably not be approved or in this case most likely rejected. Because there are already signs like that. It isn't easy for altcoins to get ETF approval. So, we may not see closer the XRP ETF. It needs more time to make it true and approved. Well this is related to certain regulation. and none can force it. But hopefully someday, it will be really here, f=not only for XRP but also for more top altcoins. Maybe it must be started by the Ethereum  at first. Although it is still difficult.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on April 30, 2024, 11:10:22 PM
I'm not sure. because ethereum alone will probably not be approved or in this case most likely rejected. Because there are already signs like that. It isn't easy for altcoins to get ETF approval. So, we may not see closer the XRP ETF. It needs more time to make it true and approved. Well this is related to certain regulation. and none can force it. But hopefully someday, it will be really here, f=not only for XRP but also for more top altcoins. Maybe it must be started by the Ethereum  at first. Although it is still difficult.
Everything has changed after a few weeks. Now that we know the SEC is investigating ETH with the aim of proving that ETH is a security, I am no longer expecting that ETH Spot ETFs can be approved this year. It is possible that Gary Gensler will do something unexpected for the crypto market before leaving his position as SEC chairman, such as rejecting ETH Spot ETFs. If this happens, we will have a major disruption in the crypto market, but interest could shift to XRP and products like XRP Spot ETFs because XRP has been determined not to be a security.

For other top ALTS like SOL or ADA, many investors also want Spot ETFs for them, but for now it's not really that important because their legal nature is still not clearly defined. I also think the market only needs a few Spot ETFs of the top commodity ALTS like BTC, ETH, and XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on May 01, 2024, 12:07:38 PM
I know folks need materials but funny how we keep hyping something that never existed while the price continues to go down.
And if my magic ball is correct, No one wants to apply for this, and a 0% chance of approval ;D

XRP isn't relevant anymore and likely won't see much upside compared to newer L1 or L2.
And I am sure BlackRock or others would not list the No.7 coin and a small market cap.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 03, 2024, 11:42:19 PM
I know folks need materials but funny how we keep hyping something that never existed while the price continues to go down.
And if my magic ball is correct, No one wants to apply for this, and a 0% chance of approval ;D

XRP isn't relevant anymore and likely won't see much upside compared to newer L1 or L2.
And I am sure BlackRock or others would not list the No.7 coin and a small market cap.
Yeah, I agree with this point of view: XRP has not really stood out in the crypto market as it did in the bullrun 2017. The market has become more dynamic with many Layer-1, Layer-2, RWA, Oracle projects... Large funds like BlackRock and Fidelity are also not yet interested in XRP Spot ETFs because they are focusing on fighting for ETH Spot ETFs.

However, Ripple is fully capable of promoting a Spot ETF product for XRP thanks to their enormous influence, even though we don't yet know the market demand for such a product. In addition, after BTC, XRP is also the only crypto that has been determined not to be a security, and ETH has not yet been able to achieve the same legal status as XRP. This gives us reason to be optimistic about XRP Spot ETFs, especially if ETH Spot ETFs are rejected later this month.
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on May 04, 2024, 02:09:23 AM

However, Ripple is fully capable of promoting a Spot ETF product for XRP thanks to their enormous influence, even though we don't yet know the market demand for such a product. In addition, after BTC, XRP is also the only crypto that has been determined not to be a security, and ETH has not yet been able to achieve the same legal status as XRP. This gives us reason to be optimistic about XRP Spot ETFs, especially if ETH Spot ETFs are rejected later this month.

Of course Ripple wants to and can afford to promote the XRP ETF.
Because If that happens, the XRP ETF will become Ripple's personal piggy bank.
The question is. Why ETF for the worst-performing crypto? XRP still zombi-coin.
For me, XRP ETF is just a noise, just feelings and wishes not something real. I lost interest fast.
And I'll be sitting at home waiting for the pump that analysts keep promising us
Title: Re: Will we have XRP Spot ETF soon?
Post by: TopT3ns on May 04, 2024, 09:41:04 AM
Of course Ripple wants to and can afford to promote the XRP ETF.
Because If that happens, the XRP ETF will become Ripple's personal piggy bank.
The question is. Why ETF for the worst-performing crypto? XRP still zombi-coin.
For me, XRP ETF is just a noise, just feelings and wishes not something real. I lost interest fast.
And I'll be sitting at home waiting for the pump that analysts keep promising us
XRP may have the potential to enter an ETF, but this depends on the SEC's decision on how to give a decision to XRP. Maybe as long as XRP follows the rules provided by the SEC and completes the requirements needed to register
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 04, 2024, 09:54:24 PM
Of course Ripple wants to and can afford to promote the XRP ETF.
Because If that happens, the XRP ETF will become Ripple's personal piggy bank.
The question is. Why ETF for the worst-performing crypto? XRP still zombi-coin.
For me, XRP ETF is just a noise, just feelings and wishes not something real. I lost interest fast.
And I'll be sitting at home waiting for the pump that analysts keep promising us
Currently, XRP is rightfully considered a zombie chain, but I still recognize its potential in the global remittance sector. From a utility perspective, Ripple is truly a giant that has stepped into the economy while other blockchains have yet to do so, including Chainlink. If Ripple effectively inflates and manipulates the price of XRP as it did during the 2017 bull run, the XRP price will surge, positive news about XRP will appear everywhere, and our views on Ripple and XRP Spot ETFs may change.

At the same time, XRP Spot ETFs may not be the story in the near future as the demand from traditional investors for this product has not yet materialized. However, if Ripple can make this narrative mainstream, it could be used to drive up the XRP price on the market. We have the entire bullrun 2025 to wait for the answer, and I personally remain optimistic about XRP's growth after 6 years of price accumulation.
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on May 05, 2024, 02:30:11 PM
Of course Ripple wants to and can afford to promote the XRP ETF.
Because If that happens, the XRP ETF will become Ripple's personal piggy bank.
The question is. Why ETF for the worst-performing crypto? XRP still zombi-coin.
For me, XRP ETF is just a noise, just feelings and wishes not something real. I lost interest fast.
And I'll be sitting at home waiting for the pump that analysts keep promising us
Currently, XRP is rightfully considered a zombie chain, but I still recognize its potential in the global remittance sector. From a utility perspective, Ripple is truly a giant that has stepped into the economy while other blockchains have yet to do so, including Chainlink. If Ripple effectively inflates and manipulates the price of XRP as it did during the 2017 bull run, the XRP price will surge, positive news about XRP will appear everywhere, and our views on Ripple and XRP Spot ETFs may change.

At the same time, XRP Spot ETFs may not be the story in the near future as the demand from traditional investors for this product has not yet materialized. However, if Ripple can make this narrative mainstream, it could be used to drive up the XRP price on the market. We have the entire bullrun 2025 to wait for the answer, and I personally remain optimistic about XRP's growth after 6 years of price accumulation.

Nothing has changed about XRP, the only thing that has changed is people's perception of it.
Literally, nothing has changed except that some people get REKT when investing in Ripple, with 1 cent forward and 2 cents back most of the time.
The narrative of the XRP ETF is currently building is simply to keep the dream alive.
But I've stopped hoping for the best, as it seems that expectations of the worst keep getting fulfilled. I'm moving on to other promising projects.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 06, 2024, 12:39:22 AM
Nothing has changed about XRP, the only thing that has changed is people's perception of it.
Literally, nothing has changed except that some people get REKT when investing in Ripple, with 1 cent forward and 2 cents back most of the time.
The narrative of the XRP ETF is currently building is simply to keep the dream alive.
But I've stopped hoping for the best, as it seems that expectations of the worst keep getting fulfilled. I'm moving on to other promising projects.
Yeah, Ripple has continued to maintain its business model over the years, the only thing that may change is investor expectations for an XRP price increase. I believe that's the only reason they've turned to buying and holding XRP for all these years, everyone wants to make big profits from XRP like what happened in the bullrun 2017.

The current crypto market is bustling and there are more opportunities, both BTC and ETH are more attractive than XRP in terms of security and profitability. In addition, we also have SOL, AVAX, DOT, ATOM, SUI, SEI... which are very potential new projects and worthy of being chosen for the portfolio over XRP. Anyway, the investment decision is up to each individual, I still see some potential and opportunity in XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: bitterguy28 on May 06, 2024, 01:04:43 PM
Since bitcoin ETF had been approved and now we are having the pursuant after that of Ethereum as well to get approved sometimes in the near future, that means any other cryptocurrency can also make an application for approval since it has to be extended also to the alts currencies and XRP is not a type that could be low rated in choosing the most recognized altcoins, if Ethereum is considered later, then we should expect XRP as well altogether.
I saw some news saying that the SEC was withdrawing its decision and reconsidering whether to accept Ehtereum into the ETF or not, because there were several problems that had to make the SEC review it, Ethereum was too dangerous to enter the ETF list.
lets not talk about other coin here because this is about ETF approval of Ripple (XRP) and not about ethereum nor bitcoin .

and besides XRP ETF approval may take some long time than what supporters expected because they have been facing lots of issues against SEC so how come that they will approve the ETF.
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on May 07, 2024, 04:33:08 AM
Nothing has changed about XRP, the only thing that has changed is people's perception of it.
Literally, nothing has changed except that some people get REKT when investing in Ripple, with 1 cent forward and 2 cents back most of the time.
The narrative of the XRP ETF is currently building is simply to keep the dream alive.
But I've stopped hoping for the best, as it seems that expectations of the worst keep getting fulfilled. I'm moving on to other promising projects.
Yeah, Ripple has continued to maintain its business model over the years, the only thing that may change is investor expectations for an XRP price increase. I believe that's the only reason they've turned to buying and holding XRP for all these years, everyone wants to make big profits from XRP like what happened in the bullrun 2017.

The current crypto market is bustling and there are more opportunities, both BTC and ETH are more attractive than XRP in terms of security and profitability. In addition, we also have SOL, AVAX, DOT, ATOM, SUI, SEI... which are very potential new projects and worthy of being chosen for the portfolio over XRP. Anyway, the investment decision is up to each individual, I still see some potential and opportunity in XRP.

“Pessimists sound smart, optimists make money.”
However, this quote only applies when we're talking about Bitcoin.

The Altcoin segment is becoming popular and large because innovation is driving this segment forward.
Everyone is always looking for the next big thing in crypto, but ETH having such a large market cap is not because of luck, just as Bitcoin dropped in dominance due to ETH.
And everyone in the crypto wants to make money, keep tap dancing shoes, and don't get married to any asset is good. but we should put money on the winner. IMO
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 07, 2024, 10:21:37 PM
“Pessimists sound smart, optimists make money.”
However, this quote only applies when we're talking about Bitcoin.

The Altcoin segment is becoming popular and large because innovation is driving this segment forward.
Everyone is always looking for the next big thing in crypto, but ETH having such a large market cap is not because of luck, just as Bitcoin dropped in dominance due to ETH.
And everyone in the crypto wants to make money, keep tap dancing shoes, and don't get married to any asset is good. but we should put money on the winner. IMO
We will always see many investors choose ALTS instead of BTC or ETH because of the expectation of higher profits in bullrun & altseason, XRP is also one of the options. Believers will wait for Ripple's comeback, while non-believers will look for other opportunities, we have thousands of tokens in the crypto market ^^

Anyway, we still have a lot of time to wait and confirm our own expectations for XRP in this cycle. I also dare not expect the appearance of XRP Spot ETFs right in this cycle, I only hope that news about it can create FOMO and boost the XRP price, bringing profits to those who believe and hold XRP in over the years.
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on May 08, 2024, 08:28:44 AM
“Pessimists sound smart, optimists make money.”
However, this quote only applies when we're talking about Bitcoin.

The Altcoin segment is becoming popular and large because innovation is driving this segment forward.
Everyone is always looking for the next big thing in crypto, but ETH having such a large market cap is not because of luck, just as Bitcoin dropped in dominance due to ETH.
And everyone in the crypto wants to make money, keep tap dancing shoes, and don't get married to any asset is good. but we should put money on the winner. IMO
We will always see many investors choose ALTS instead of BTC or ETH because of the expectation of higher profits in bullrun & altseason, XRP is also one of the options. Believers will wait for Ripple's comeback, while non-believers will look for other opportunities, we have thousands of tokens in the crypto market ^^

Anyway, we still have a lot of time to wait and confirm our own expectations for XRP in this cycle. I also dare not expect the appearance of XRP Spot ETFs right in this cycle, I only hope that news about it can create FOMO and boost the XRP price, bringing profits to those who believe and hold XRP in over the years.

Well, You are a big fan of Ripple, Brad should come here and listen to your advice :)

Alt season is something we look forward to, and I agree the expected profit on Alt is higher than BTC
I'm not a fan of Ripple but I respect your decision. Time will tell
Thanks for the conversation, This a good conversation. I wish all the best to you.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MUGNIA on May 09, 2024, 05:05:24 PM
I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good
Title: Re: Will we have XRP Spot ETF soon?
Post by: legend45 on May 10, 2024, 05:35:34 PM
I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good
XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 10, 2024, 10:50:30 PM
XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.
The most significant part of the lawsuit related to the XRP token has concluded, and the verdict favors Ripple: XRP is not a security. The current lawsuit only involves investment contracts between Ripple and large clients, and I believe Ripple can settle it with money. Compared to ETH, XRP's legal status is actually clearer as ETH is still under investigation by the SEC, and the SEC has not confirmed that ETH is not a security.

Legally speaking, XRP Spot ETFs can be approved, the only issue is the user demand for this product. Of course, I have also said: I do not dare to have high expectations for XRP Spot ETFs in this cycle, I just need the news and expectations of it to boost the XRP token price in the market and bring profits to investors who have always believed in XRP ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: Google+ on May 19, 2024, 05:34:09 AM
I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good
XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.
XRP will probably never be allowed by the SEC to enter an ETF. The risks held by Ripple are too high, the SEC does not want to take very high risks like that. Currently the SEC is still trying to give Ethereum the opportunity to enter the ETF but there is still no further information. Ethereum, which is the best altcoin, still takes a very long time to enter the ETF, while Ripple is unlikely to be accepted into the ETF
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 20, 2024, 01:10:37 AM
XRP will probably never be allowed by the SEC to enter an ETF. The risks held by Ripple are too high, the SEC does not want to take very high risks like that. Currently the SEC is still trying to give Ethereum the opportunity to enter the ETF but there is still no further information. Ethereum, which is the best altcoin, still takes a very long time to enter the ETF, while Ripple is unlikely to be accepted into the ETF
I don't think the approval of a Spot ETF for an asset depends on the distribution of that asset. BTC is held by Satoshi, governments, companies, and wealthy individuals, but a BTC Spot ETF has still been approved. Some of the issues that the SEC is concerned about are: the commodity nature of the asset, price transparency and independence, and investor trading demand.

So far, XRP only meets the first condition because XRP is not a security. The remaining 2 conditions are still unclear because no company has filed an application for XRP Spot ETFs. For now, we are still focusing on ETH Spot ETFs. I hope that after May 23, whatever the outcome foe ETH Spot ETFs, we will start talking about Spot ETFs for other tokens, including XRP Spot ETFs.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on May 24, 2024, 11:59:02 PM
I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good
Ethereum ETF has just been approved and this has a very good impact on the market. Yes, at least the market is showing a positive trend again after yesterday's four off. Hmm, maybe this isn't much, but it seems like there's still a lot of research needed for XRP. but yes, we don't know what happened. Even if it happens, I don't think it will be this soon. Meanwhile, ETH only takes a long time to be accepted. Maybe we need more period?
Title: Re: Will we have XRP Spot ETF soon?
Post by: legend45 on May 25, 2024, 11:39:47 AM
I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good
Ethereum ETF has just been approved and this has a very good impact on the market. Yes, at least the market is showing a positive trend again after yesterday's four off. Hmm, maybe this isn't much, but it seems like there's still a lot of research needed for XRP. but yes, we don't know what happened. Even if it happens, I don't think it will be this soon. Meanwhile, ETH only takes a long time to be accepted. Maybe we need more period?
Very happy to hear the ethereum ETF was approved, as we see market movements starting to improve and prices starting to rise. Is this the impact of this? Hopefully there will be other altcoin ETFs, for XRP I'm not sure if the SEC will approve it because XRP has had problems before with the SEC
Title: Re: Will we have XRP Spot ETF soon?
Post by: Primo1760 on May 25, 2024, 04:39:23 PM

I predict that as soon as the ETH Spot ETF is approved in May of this year, we will start to hear the story of the XRP Spot ETF and an extremely impressive new growth journey for the XRP token. I expect XRP to make a new ATH in 2025 at a price higher than $3.3 of January 2018.

Are you waiting for information about XRP Spot ETF? Will you support this new Spot ETF product? If it will be approved, which impact will XRP Spot ETF have on the XRP token price?
Of course I look forward to news of spot ETF approval of XRP. I have been waiting for this ETF approval for a long time but I have not heard any good news till now. After hearing good feedback about XRP from many people I invested and waited for a long time to get something good but after a long time no good news came I sold it at a loss. But still if spot ETF approval are allowed then I will definitely accept it. If the spot ETF of XRP coin is approved then the price will definitely improve a lot.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 26, 2024, 12:54:25 AM
Of course I look forward to news of spot ETF approval of XRP. I have been waiting for this ETF approval for a long time but I have not heard any good news till now. After hearing good feedback about XRP from many people I invested and waited for a long time to get something good but after a long time no good news came I sold it at a loss. But still if spot ETF approval are allowed then I will definitely accept it. If the spot ETF of XRP coin is approved then the price will definitely improve a lot.
We already have ETH Spot ETF, I am also waiting for positive news about XRP Spot ETF. If Ripple is really serious about XRP Spot ETF, this is the opportunity for them to self-issue this product or suggest it to the world's leading asset management funds such as BlackRock & Fidelity. If Ripple does not act quickly, the attention of the crypto community may focus on SOL Spot ETF because SOL has also become a major player in this market and the demand for investment in SOL is also extremely large.

Currently, XRP price is still stagnating in the $0.5-0.6 range and causing many investors to lose patience when they see the impressive price increases of many tokens in the Ethereum ecosystem this week. I believe that this accumulation is necessary before there is strong growth thanks to a positive event for XRP and Ripple.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Zed0X on May 26, 2024, 07:16:27 AM
~
If Ripple does not act quickly, the attention of the crypto community may focus on SOL Spot ETF because SOL has also become a major player in this market and the demand for investment in SOL is also extremely large.
I think that is what's happening right now. XRP ETF is already at the back and talks about SOL ETF is at the front/center stage. There seems to be a lot of attention after several speculations on social media were posted and various articles news outlets were published. Stakeholders would probably capitalize on this.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on May 29, 2024, 02:26:56 AM
I think that is what's happening right now. XRP ETF is already at the back and talks about SOL ETF is at the front/center stage. There seems to be a lot of attention after several speculations on social media were posted and various articles news outlets were published. Stakeholders would probably capitalize on this.
Current community discussion is focused on XRP Spot ETF and SOL Spot ETF due to their significant potential: XRP has been confirmed as a non-security, while SOL boasts a large community and substantial investment from major funds. Honestly, even as an XRP supporter, I believe SOL Spot ETF has a higher likelihood of earlier approval given the backing of large funds and traditional investor demand for SOL-based trading products.

I sincerely hope Ripple recognizes this and takes more proactive steps to expedite the launch of XRP Spot ETF within the next few months. Even positive news regarding XRP Spot ETF's launch plans could trigger a price surge and renewed investor interest in the XRP token.

Title: Re: Will we have XRP Spot ETF soon?
Post by: bitterguy28 on June 04, 2024, 06:42:33 AM
XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.
The most significant part of the lawsuit related to the XRP token has concluded, and the verdict favors Ripple: XRP is not a security. The current lawsuit only involves investment contracts between Ripple and large clients, and I believe Ripple can settle it with money. Compared to ETH, XRP's legal status is actually clearer as ETH is still under investigation by the SEC, and the SEC has not confirmed that ETH is not a security.
indeed , Ripple have proven the government about their legalities and any time from now XRP will settle all the issues and may face more public popularity than Ethereum that up to now there has been too much of an issue not mentioning the ever growing transaction/gas fees that is what many hates using this now.


Quote
Legally speaking, XRP Spot ETFs can be approved, the only issue is the user demand for this product. Of course, I have also said: I do not dare to have high expectations for XRP Spot ETFs in this cycle, I just need the news and expectations of it to boost the XRP token price in the market and bring profits to investors who have always believed in XRP ^^
well at least more realistic than other altcoins that has hard chances of being approved the ETF .
Title: Re: Will we have XRP Spot ETF soon?
Post by: philipma1957 on June 04, 2024, 07:02:50 AM
Ripple eft may happen in spring of 2025 not this year.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on June 05, 2024, 01:41:23 AM
indeed , Ripple have proven the government about their legalities and any time from now XRP will settle all the issues and may face more public popularity than Ethereum that up to now there has been too much of an issue not mentioning the ever growing transaction/gas fees that is what many hates using this now.

well at least more realistic than other altcoins that has hard chances of being approved the ETF.
After Ripple's contribution to the crypto market through the lawsuit with the SEC, I became an XRP fan and always support its every comeback opportunity in this market. I can see the advantages of XRP, but I also do not underestimate other tokens. ETH is a POS token and not a security, many other POS tokens may not be securities either and they can also have Spot ETFs, especially SOL with its growing ecosystem and large community.

I think the transaction fee issue has been solved by Layer-2 and many other Layer-1 in the market. Ripple has its own market and customers, I hope this can make a difference for XRP in this bullrun. If XRP regains its popularity and large trading volume, the chances of us having an XRP Spot ETF will increase.
Title: Re: Will we have XRP Spot ETF soon?
Post by: NikeFit_7777 on June 05, 2024, 03:26:10 PM
We will always see many investors choose ALTS instead of BTC or ETH because of the expectation of higher profits in bullrun & altseason, XRP is also one of the options. Believers will wait for Ripple's comeback, while non-believers will look for other opportunities, we have thousands of tokens in the crypto market ^^

Anyway, we still have a lot of time to wait and confirm our own expectations for XRP in this cycle. I also dare not expect the appearance of XRP Spot ETFs right in this cycle, I only hope that news about it can create FOMO and boost the XRP price, bringing profits to those who believe and hold XRP in over the years.
I'd say there's more than enough time. First of all, to find out how the trial ends, only then to draw some conclusions. We all know + understand very well how Sec sometimes changes his mind. + These guys, love to manipulate a crowd of naive people. That's why I personally chose the strategy of watching from the sidelines. I don't like to panic and jump to conclusions. 

P.S. I don't believe that we will see $1+ in the short term (I don't see any preconditions for that)....  8)
Title: Re: Will we have XRP Spot ETF soon?
Post by: koang on June 05, 2024, 04:43:46 PM
Ripple eft may happen in spring of 2025 not this year.

No, no, not spring, it will happen in the summer of 2025. lol

Level the playing field they all said...OK. Get ready. Anything to keep dumping on retail. Funny how long this road has been.
And why would retail want to buy an asset that hasn’t appreciated in 7 years? The price action sucks
XRP as it seems loses compared to almost all old coins. I think the stock market even gives a better return on investment.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Mr. Magkaisa on June 06, 2024, 04:22:16 PM
        -   I just noticed this: since the bitcoin spot etf was approved, other cryptocurrencies have followed, which was followed by the ETH spot etf, which was also approved. Recently,  it was said that the Solanan spot etf would be applied, and now XRP.

It's a bit like these events are no longer realistic; it's obvious that they're just going along with the trend. We know that it's not easy to pass such a concept, so I don't think it's time for that to happen, in my opinion.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on June 09, 2024, 12:45:44 AM
I'd say there's more than enough time. First of all, to find out how the trial ends, only then to draw some conclusions. We all know + understand very well how Sec sometimes changes his mind. + These guys, love to manipulate a crowd of naive people. That's why I personally chose the strategy of watching from the sidelines. I don't like to panic and jump to conclusions. 

P.S. I don't believe that we will see $1+ in the short term (I don't see any preconditions for that)....  8)
Yes, everything is still just our expectations, and perhaps Ripple also understands the importance of XRP Spot ETF for the price increase of XRP in this cycle, so recently they have mentioned the possibility of an XRP Spot ETF next year, perhaps at the hottest time of the bullrun. I hope this can come true if Ripple can convince large funds such as BlackRock and Fidelity, or Ripple will partner and support a smaller fund to get an XRP Spot ETF in the US.

From technical analysis perspective, XRP price is not really positive, it has fallen out of the uptrend and is back below the Kumo cloud. The stagnation continues and is gradually making XRP investors lose patience, perhaps only an XRP Spot ETF can bring XRP back into the race in the market  :-\

(https://www.tradingview.com/x/BUY5L1i6/)

Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on June 28, 2024, 10:43:28 PM
Yes, everything is still just our expectations, and perhaps Ripple also understands the importance of XRP Spot ETF for the price increase of XRP in this cycle, so recently they have mentioned the possibility of an XRP Spot ETF next year, perhaps at the hottest time of the bullrun. I hope this can come true if Ripple can convince large funds such as BlackRock and Fidelity, or Ripple will partner and support a smaller fund to get an XRP Spot ETF in the US.
In fact, Ripple CEO, Brad Garlinghouse, has also provided a response regarding the possibility of an XRP ETF occurring. However, it's not specific, he just said that the XRP ETF is "inevitable". There are several other coins such as SOL and ADA that also have this opportunity, because it is linked to the amount of trading volume. However, it does require a process and we just have to wait for the timing.

However, ETFs are not that easy. Maybe it could go up, but whether it is approved or not, that will be the concern of many groups. XRP has had cases with the SEC and perhaps this does not make it easy for XRP to get approval. Not only that, as you said, XRP has experienced a very significant decline and has not even surpassed the rise of Ethereum or other coins. So this year, it doesn't seem like the time yet.

https://cointelegraph.com/news/ripple-ceo-xrp-etf-inevitable-consensus-2024
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on June 29, 2024, 01:18:19 AM
In fact, Ripple CEO, Brad Garlinghouse, has also provided a response regarding the possibility of an XRP ETF occurring. However, it's not specific, he just said that the XRP ETF is "inevitable". There are several other coins such as SOL and ADA that also have this opportunity, because it is linked to the amount of trading volume. However, it does require a process and we just have to wait for the timing.

However, ETFs are not that easy. Maybe it could go up, but whether it is approved or not, that will be the concern of many groups. XRP has had cases with the SEC and perhaps this does not make it easy for XRP to get approval. Not only that, as you said, XRP has experienced a very significant decline and has not even surpassed the rise of Ethereum or other coins. So this year, it doesn't seem like the time yet.

https://cointelegraph.com/news/ripple-ceo-xrp-etf-inevitable-consensus-2024
While XRP has been determined not to be a security, we are hearing about SOL Spot ETF before XRP Spot ETF. The excitement of the Solana ecosystem and the demand for investment in SOL have helped SOL Spot ETF gain VanEck's attention.

I am quite worried about the future of XRP if XRP Spot ETF is not introduced and attracts investor attention during the market's growth phase. The crypto market has become crowded and created fierce competition between many projects, Ripple needs to take stronger action to help XRP continue to be an investment-worthy token after its victory over the SEC.

Title: Re: Will we have XRP Spot ETF soon?
Post by: sampoerna on July 04, 2024, 11:33:13 PM
I am quite worried about the future of XRP if XRP Spot ETF is not introduced and attracts investor attention during the market's growth phase. The crypto market has become crowded and created fierce competition between many projects, Ripple needs to take stronger action to help XRP continue to be an investment-worthy token after its victory over the SEC.

  • VanEck Files for Solana ETF, SOL Rises 8% (https://www.coindesk.com/business/2024/06/27/vaneck-files-for-solana-etf-sol-rises-6/)
The competition for top coins is very tight. However, XRP, even though it has quite high volume and market cap, this coin is really under-valued. It is very difficult to experience an increase, even if there is, it only increases by a few cents and that is not good enough to compete with several other top altcoins which have risen that drastically. Luckily this is a top old coin, otherwise it would have been abandoned long ago.

As for ETFs, there is still no sign of this. This does not rule out the possibility that one day there could be an XRP ETF. but maybe not this time.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on July 05, 2024, 07:23:28 PM
The competition for top coins is very tight. However, XRP, even though it has quite high volume and market cap, this coin is really under-valued. It is very difficult to experience an increase, even if there is, it only increases by a few cents and that is not good enough to compete with several other top altcoins which have risen that drastically. Luckily this is a top old coin, otherwise it would have been abandoned long ago.

As for ETFs, there is still no sign of this. This does not rule out the possibility that one day there could be an XRP ETF. but maybe not this time.
Well, we already have BTC Spot ETF, ETH Spot ETF and SOL Spot ETF being proposed. Unfortunately, XRP, a non-security token, still cannot have its own Spot ETF due to losing community support and investment because of the lawsuit in 2020. Ripple's win was once considered a success for the entire crypto community, but investors have not returned to support XRP. I don't really understand this, maybe in the end investors just need a story to ensure their profits, not willing to support a certain project in the market.

I am still waiting for concrete actions from Ripple to realize their recent statements related to XRP Spot ETF. I hope Ripple can work with the world's largest asset management funds to get XRP Spot ETF in time for this bullrun so that XRP can continue to be in the top 10 on Coinmarketcap.
Title: Re: Will we have XRP Spot ETF soon?
Post by: debra on July 30, 2024, 11:44:07 PM
Well, we already have BTC Spot ETF, ETH Spot ETF and SOL Spot ETF being proposed. Unfortunately, XRP, a non-security token, still cannot have its own Spot ETF due to losing community support and investment because of the lawsuit in 2020. Ripple's win was once considered a success for the entire crypto community, but investors have not returned to support XRP. I don't really understand this, maybe in the end investors just need a story to ensure their profits, not willing to support a certain project in the market.

I am still waiting for concrete actions from Ripple to realize their recent statements related to XRP Spot ETF. I hope Ripple can work with the world's largest asset management funds to get XRP Spot ETF in time for this bullrun so that XRP can continue to be in the top 10 on Coinmarketcap.
I think it will be difficult to have XRP ETF. It is not only about non-security token, XRP also has a problem with SEC. Even the case can be solved, I'm not sure XRP to have an easy way to get its ETF spot. So, we don't expect too much about XRP ETF, it is because the chance seems not so high. If we are holders of XRP, we don't really need ETF spot to make XRP increasing high again. As long as the team of Ripple can make something good for XRP development, XRP can has a chance to jump again its price. Just forget the XRP ETF if it is unlikely to happen.

Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on July 31, 2024, 05:35:02 PM
I think it will be difficult to have XRP ETF. It is not only about non-security token, XRP also has a problem with SEC. Even the case can be solved, I'm not sure XRP to have an easy way to get its ETF spot. So, we don't expect too much about XRP ETF, it is because the chance seems not so high. If we are holders of XRP, we don't really need ETF spot to make XRP increasing high again. As long as the team of Ripple can make something good for XRP development, XRP can has a chance to jump again its price. Just forget the XRP ETF if it is unlikely to happen.
Yeah, after BlackRock representative shared their view that they are currently focusing solely on BTC & ETH Spot ETFs and not considering Spot ETFs for other ALTS, I think we need to adjust our expectations for XRP Spot ETF in this cycle. For me, XRP remains a valuable asset with a good position in the crypto market. It will still receive attention thanks to Ripple's promotional strategy, but a Spot ETF could be big news to attract investor attention and pump the XRP price.

I even think that just the news of Ripple considering or taking action to promote proposals related to XRP Spot ETF would be enough to help XRP appear frequently in the media and reach potential investors. I'm not a US citizen, I can't invest in an XRP Spot ETF if it's approved, I'm only interested in profiting from XRP price increase in this bullrun ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: debra on August 03, 2024, 02:33:36 PM
Yeah, after BlackRock representative shared their view that they are currently focusing solely on BTC & ETH Spot ETFs and not considering Spot ETFs for other ALTS, I think we need to adjust our expectations for XRP Spot ETF in this cycle. For me, XRP remains a valuable asset with a good position in the crypto market. It will still receive attention thanks to Ripple's promotional strategy, but a Spot ETF could be big news to attract investor attention and pump the XRP price.
It makes sense if they want to focus on BTC & ETH Spot first. They may expect to monitor the progress of these coins, they also want to ensure if there will be no problems. I've read the news that they may consider Solana ETF, but there is no clear further information. XRP may consider but it happens after other popular altcoins. However, a little news about XRP ETF is enough to trigger the interest of people buying more XRP again. I also expect another huge pump on XRP.

I'm not a US citizen, I can't invest in an XRP Spot ETF if it's approved, I'm only interested in profiting from XRP price increase in this bullrun ^^
We don't need to invest in XRP in ETF spot. We can buy XRP and hold the coin in our non-custodial wallets. If they price can skyrocket, we also can sell the XRP in the exchanges. The goal is the same, we expect big profits from XRP investment. It doesn't matter whether it is in ETF spot or in non-custodial wallets.

Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 04, 2024, 04:45:41 PM
It makes sense if they want to focus on BTC & ETH Spot first. They may expect to monitor the progress of these coins, they also want to ensure if there will be no problems. I've read the news that they may consider Solana ETF, but there is no clear further information. XRP may consider but it happens after other popular altcoins. However, a little news about XRP ETF is enough to trigger the interest of people buying more XRP again. I also expect another huge pump on XRP.

We don't need to invest in XRP in ETF spot. We can buy XRP and hold the coin in our non-custodial wallets. If they price can skyrocket, we also can sell the XRP in the exchanges. The goal is the same, we expect big profits from XRP investment. It doesn't matter whether it is in ETF spot or in non-custodial wallets.
Yeah, I also hope that XRP Spot ETF will be positive news to fuel investor FOMO and they will choose XRP for their portfolio in this bullrun, especially after Ripple win over the SEC. It’s unfortunate that it will be difficult for that to become a reality when even the ETH Spot ETF is facing many difficulties right after trading.

As a supporter of Ripple and XRP, I will still look forward to news about XRP Spot ETF from a large asset management company in the market that has a relationship with Ripple. If not XRP Spot ETF, I believe Ripple will find some way to pump the XRP price because Ripple is the biggest XRP whale!
Title: Re: Will we have XRP Spot ETF soon?
Post by: LogitechMouse on August 04, 2024, 05:51:33 PM
Well, the acceptance of Bitcoin Spot ETF created this "If Bitcoin gets accepted, so altcoins are" kind of mindset, and it created a domino effect towards other altcoins just as I expected.

It started with Ethereum, and now others are speculating about the next one to get accepted. Solana is the rumored next, but I doubt that it will be. As for XRP, it will be one of the top altcoins out there for a long time, but I don't think that a spot ETF for them will get accepted, Heck, I don't think that it really needs to be created at first place. I mean they just had problems with SEC a few months ago and many are speculating about a potential Spot XRP ETF already.

For me, I guess Bitcoin and Ethereum are enough already, and although SEC can just accept any Spot ETF that other companies will file, I don't think that it's necessary that a Spot ETF for many altcoins will be created.
Title: Re: Will we have XRP Spot ETF soon?
Post by: debra on August 04, 2024, 11:26:52 PM
Yeah, I also hope that XRP Spot ETF will be positive news to fuel investor FOMO and they will choose XRP for their portfolio in this bullrun, especially after Ripple win over the SEC. It’s unfortunate that it will be difficult for that to become a reality when even the ETH Spot ETF is facing many difficulties right after trading.
I don't doubt if XRP spot ETF will make a big hype. The price of XRP will skyrocket again if it will come true. XRP is very likely to fix their case with SEC. I think people expect another altcoin to be in ETF spot, they don't want to have ETH only as the option. Anyway, the ETH spot ETF may have no impact to other altcoins for the long run.

As a supporter of Ripple and XRP, I will still look forward to news about XRP Spot ETF from a large asset management company in the market that has a relationship with Ripple. If not XRP Spot ETF, I believe Ripple will find some way to pump the XRP price because Ripple is the biggest XRP whale!
I'm not a real fan of XRP but I'm happy to see XRP increasing high again. I want to see this coin to skyrocket again because I am holding some of this coin and want to have more if it is likely to have good future. I still believe this coin isn't over yet, the team is still active to improve everything in this coin.

Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 05, 2024, 04:00:50 PM
I'm not a real fan of XRP but I'm happy to see XRP increasing high again. I want to see this coin to skyrocket again because I am holding some of this coin and want to have more if it is likely to have good future. I still believe this coin isn't over yet, the team is still active to improve everything in this coin.
Ripple has made a few upgrades to its network, but they haven't been truly impressive to investors, especially since RLUSD could potentially threaten XRP role and value within the Ripple ecosystem. This makes me a little worried about XRP potential, but on the other hand, the development of the ecosystem could be a good way to promote XRP to potential investors.

I don't have a lot of XRP, but I still hope XRP will return to the top coins and attract investment, because at least Ripple has a product that serves users through its partner banks. This is something that other projects haven't been able to do yet, especially creating a huge financial network powered by crypto like Ripple's.

Title: Re: Will we have XRP Spot ETF soon?
Post by: MUGNIA on August 13, 2024, 04:46:51 PM
I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 13, 2024, 05:06:28 PM
I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt
Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Manna on August 16, 2024, 08:34:31 PM
I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt
Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.
Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.
Title: Re: Will we have XRP Spot ETF soon?
Post by: electronicash on August 16, 2024, 08:57:10 PM
I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt
Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.
Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.

i think it will be approved though. they already opened the world for ETH ETFs. while those finance institutions are investing in BTC and ETH ETFs, if they can't find ETFs of other altcoins such as XRP, they will be going for the spot market on exchanges and i don't think Blackrock is going to like these or the government will not like this either.

they better be approving these altcoins ETFs because people will be buying these altcoins with anonymity in mind.

Title: Re: Will we have XRP Spot ETF soon?
Post by: SamReomo on August 16, 2024, 09:32:35 PM
they better be approving these altcoins ETFs because people will be buying these altcoins with anonymity in mind.
They have already accepted Bitcoin ETFs and ETH ETFs and surely they're going to accept XRP ETFs as well. I believe that could be helpful for the investors of XRP and so far I've read some good predictions about the future price of XRP but I'm pretty sure that most of those predictions are not going to take place even if XRP ETFs get approved.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 17, 2024, 04:42:15 PM
Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.
Currently, although XRP fans have high expectations, there are still no proposals for XRP Spot ETF on the market, which is even worse than SOL as SOL Spot ETF has been proposed by VanEck. We will have more confidence in the emergence of an XRP Spot ETF when a large asset management firm such as Fidelity, Grayscale and Bitwise wants this financial product for their clients.

I'm also an XRP supporter, but I don't think I'm overly optimistic about XRP Spot ETF in this bullrun, especially since BlackRock has denied the possibility of spot ETFs for tokens other than BTC and ETH. The best scenario is that Ripple will push forward the plan for XRP Spot ETF to create optimism and positivity in the psychology of investors towards investing in XRP in the bullrun.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Themepen on August 17, 2024, 04:52:27 PM
Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.
Yes that is right my dear friend it is unlikely that XRP Spot ETF will be approved because SEC does not look to like Ripple and big investors like BlackRock and Fidelity are not interested. SEC might delay or reject ETF as way of getting back at Ripple like they did with the BTC Spot ETF.

But since XRP is not considered security SEC would need to come up with other reasons to say no like not enough investors wanting it or differences in prices. For now we have to wait and see if any fund proposes an XRP Spot ETF and what happens next.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 18, 2024, 03:40:46 PM
Yes that is right my dear friend it is unlikely that XRP Spot ETF will be approved because SEC does not look to like Ripple and big investors like BlackRock and Fidelity are not interested. SEC might delay or reject ETF as way of getting back at Ripple like they did with the BTC Spot ETF.

But since XRP is not considered security SEC would need to come up with other reasons to say no like not enough investors wanting it or differences in prices. For now we have to wait and see if any fund proposes an XRP Spot ETF and what happens next.
I hope that after the great victory against the SEC, Ripple won't disappoint XRP fans. An increase in XRP price will be the clearest affirmation of Ripple's victory and solidify Ripple's position in the blockchain/crypto community after 4 years of legal battles.

XRP Spot ETF is just one of many ways Ripple can create more value for XRP. We can wait for this financial product for US investors, but we also won't take our eyes off Ripple's other proposals and plans in the bullrun. Ripple has also just released a stablecoin, which could also be a good move to leverage the strength and promote the Ripple blockchain.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Bobcrypto on August 21, 2024, 11:19:48 PM
An XRP ETF is very unlikely to happen any time soon. In my opinion, XRP ETF look impossible after the prolonged law suit with the SEC, unfortunately the SEC loss to Ripple (XRP). Ripple company contemplating going for XRP ETF may be delayed for a very long time in future, and the opportunity could be denied.
XRP has to wait a little longer, and then apply to see the reaction of the SEC. Spot XRP, if approve, we definitely enhance the growth of XRP token at the long run, and I think this will attract more users to the community.
 
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 22, 2024, 04:28:01 PM
An XRP ETF is very unlikely to happen any time soon. In my opinion, XRP ETF look impossible after the prolonged law suit with the SEC, unfortunately the SEC loss to Ripple (XRP). Ripple company contemplating going for XRP ETF may be delayed for a very long time in future, and the opportunity could be denied.
XRP has to wait a little longer, and then apply to see the reaction of the SEC. Spot XRP, if approve, we definitely enhance the growth of XRP token at the long run, and I think this will attract more users to the community.
BlackRock previously denied the possibility of any Spot ETFs other than BTC & ETH Spot ETFs in the near future, and as SOL Spot ETFs have been rejected by the SEC, expectations for XRP Spot ETFs are also not as high as before. However, we should not forget that SOL does not have the same clarity as XRP: XRP has been determined not to be a security.

When SOL Spot ETFs were rejected, the opportunity to become Spot ETFs only existed for XRP due to Ripple's great ambition, although we are not sure of their exact plans to support XRP in this bull run. Although the chance is very small, it is still worth our attention and expectation. I have experienced 2017, so I understand the crazy things Ripple can do for XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Zed0X on August 22, 2024, 10:51:31 PM
~
XRP has to wait a little longer, and then apply to see the reaction of the SEC.
Reaction? Why do Ripple have to speculate on that when there are already rules in place. SEC losing the case and Ripple paying the penalty for selling to private investors during the initial funding stage should have no effect on the ETF application. It will be interesting to see if SEC remains a sore loser though and rejects application based on their emotion.
Title: Re: Will we have XRP Spot ETF soon?
Post by: target on August 22, 2024, 11:02:07 PM

There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 23, 2024, 08:31:13 PM
There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.
Unfortunately, BlackRock has denied the possibility of additional crypto Spot ETFs in the short term, meaning both SOL & XRP Spot ETFs are not being supported or proposed by BlackRock in this cycle. The success of the ETH Spot ETF cannot immediately help other POS tokens in the market to have their own Spot ETFs for easy access to traditional investors in the US.

SOL Spot ETFs have been rejected, and SOL holders may be disappointed, but this is an opportunity for XRP Spot ETFs. The attention towards SOL Spot ETFs has now shifted to XRP Spot ETFs as XRP is not a security and has just won a major victory against the SEC. I'm looking forward to statements from Ripple about the XRP Spot ETF that they often mention. If they really want to, Ripple can support the launch of XRP Spot ETFs in many other countries before proposing it in the US.
Title: Re: Will we have XRP Spot ETF soon?
Post by: satpol_PP on August 30, 2024, 09:43:18 AM

There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.
Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 30, 2024, 04:30:24 PM
Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.
We can definitely view the lawsuit with the SEC in a more positive light: thanks to this lawsuit, XRP has been determined not to be a security and is free from future related accusations. At the same time, it also has the opportunity to have an XRP Spot ETF legally if asset management funds propose and support it.

Currently, unfortunately, there are no more signs indicating that Ripple really wants an XRP Spot ETF in this bullrun. We are forced to wait for other motivations from Ripple such as promotional campaigns, partnerships, or success from Ripple's new services.
Title: Re: Will we have XRP Spot ETF soon?
Post by: doc on August 30, 2024, 07:10:37 PM
Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.
We can definitely view the lawsuit with the SEC in a more positive light: thanks to this lawsuit, XRP has been determined not to be a security and is free from future related accusations. At the same time, it also has the opportunity to have an XRP Spot ETF legally if asset management funds propose and support it.

Currently, unfortunately, there are no more signs indicating that Ripple really wants an XRP Spot ETF in this bullrun. We are forced to wait for other motivations from Ripple such as promotional campaigns, partnerships, or success from Ripple's new services.
After the ripple team successfully resolved its issues with the SEC, we were very hopeful that the XRP price would soar but it was not as beautiful as we expected although I think the ripple price movement is still good. I was thinking about a ripple ETF, because it doesn't seem like it will happen this year
Title: Re: Will we have XRP Spot ETF soon?
Post by: dekafee79 on August 30, 2024, 07:57:38 PM
Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.
We can definitely view the lawsuit with the SEC in a more positive light: thanks to this lawsuit, XRP has been determined not to be a security and is free from future related accusations. At the same time, it also has the opportunity to have an XRP Spot ETF legally if asset management funds propose and support it.

Currently, unfortunately, there are no more signs indicating that Ripple really wants an XRP Spot ETF in this bullrun. We are forced to wait for other motivations from Ripple such as promotional campaigns, partnerships, or success from Ripple's new services.
After the ripple team successfully resolved its issues with the SEC, we were very hopeful that the XRP price would soar but it was not as beautiful as we expected although I think the ripple price movement is still good. I was thinking about a ripple ETF, because it doesn't seem like it will happen this year
Many are hoping that altcoins will soon apply for ETFs, but what I've seen is only Ethereum being approved. Lastly, I heard that Solana is also applying, but I haven't read any good news about it. I even heard gossip that Solana's ETF application was rejected.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on August 31, 2024, 06:21:31 PM
Many are hoping that altcoins will soon apply for ETFs, but what I've seen is only Ethereum being approved. Lastly, I heard that Solana is also applying, but I haven't read any good news about it. I even heard gossip that Solana's ETF application was rejected.
Yeah, the SOL Spot ETF has been rejected and this doesn’t surprise the crypto community. Perhaps the demand of traditional investors in the US is only focused on products related to BTC and ETH, not other ALTS in the crowded crypto market.

This event also lowers expectations for XRP Spot ETF but it might be a good thing and doesn’t create a sudden drop on XRP price chart. We can wait for XRP Spot ETF from other funds or in the next cycle. Temporarily, the upward momentum for XRP might only come from Ripple promotional efforts.
Title: Re: Will we have XRP Spot ETF soon?
Post by: LogitechMouse on September 12, 2024, 08:37:33 PM
Well, the thread has been not updated ever since, but there's a good news for those XRP holders. LINK (https://www.coindesk.com/markets/2024/09/12/xrp-spikes-8-as-grayscale-launches-xrp-trust-in-the-us/)
Quote
Crypto fund manager Grayscale is launching an XRP trust that could pave the way for a spot XRP exchange-traded fund (ETF) in the U.S.
When the news has been released, the price of XRP spiked from 53 cents to 57 cents but now, it already dipped a bit and at the 56 cent price range already. TBH, I'm not a holder of XRP and hasn't been thinking of holding one. Any opinions about this? Will it create a domino effect as well towards other companies hence, they will launch their own XRP ETF in the future?
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on September 13, 2024, 07:42:49 PM
Quote
Crypto fund manager Grayscale is launching an XRP trust that could pave the way for a spot XRP exchange-traded fund (ETF) in the U.S.
When the news has been released, the price of XRP spiked from 53 cents to 57 cents but now, it already dipped a bit and at the 56 cent price range already. TBH, I'm not a holder of XRP and hasn't been thinking of holding one. Any opinions about this? Will it create a domino effect as well towards other companies hence, they will launch their own XRP ETF in the future?
The XRP Trust is merely the first step for Grayscale towards an asset they want to have a Spot ETF for in the future. Grayscale also has many other trust funds for AVAX, BAT, BCH, LINK... but I doubt all of them will have Spot ETFs soon in this cycle.

To get a spot ETF in the US, I think the participation of top global asset management companies like BlackRock is crucial. Their relationships, financial resources, and reputation are important to put pressure on the SEC in making decisions about Spot ETFs.

Anyway, Grayscale XRP Trust is still expected to create positive sentiment for XRP holders and support XRP price in the market during this bullrun.
Title: Re: Will we have XRP Spot ETF soon?
Post by: erus on September 22, 2024, 05:57:13 AM
Quote
Crypto fund manager Grayscale is launching an XRP trust that could pave the way for a spot XRP exchange-traded fund (ETF) in the U.S.
When the news has been released, the price of XRP spiked from 53 cents to 57 cents but now, it already dipped a bit and at the 56 cent price range already. TBH, I'm not a holder of XRP and hasn't been thinking of holding one. Any opinions about this? Will it create a domino effect as well towards other companies hence, they will launch their own XRP ETF in the future?
The XRP Trust is merely the first step for Grayscale towards an asset they want to have a Spot ETF for in the future. Grayscale also has many other trust funds for AVAX, BAT, BCH, LINK... but I doubt all of them will have Spot ETFs soon in this cycle.

To get a spot ETF in the US, I think the participation of top global asset management companies like BlackRock is crucial. Their relationships, financial resources, and reputation are important to put pressure on the SEC in making decisions about Spot ETFs.

Anyway, Grayscale XRP Trust is still expected to create positive sentiment for XRP holders and support XRP price in the market during this bullrun.
For today's update, has Ripple been accepted by ETFs? If not, what has Ripple done now if it wants to be accepted by ETFs? Until now I am still pessimistic that Ripple will be accepted by ETFs because I don't understand the reason, but maybe Ripple seems like a rather stiff coin for me to be an investment item. Cmiiw
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on September 22, 2024, 02:47:55 PM
For today's update, has Ripple been accepted by ETFs? If not, what has Ripple done now if it wants to be accepted by ETFs? Until now I am still pessimistic that Ripple will be accepted by ETFs because I don't understand the reason, but maybe Ripple seems like a rather stiff coin for me to be an investment item. Cmiiw
We currently only have BTC & ETH Spot ETFs in the US, while XRP Spot ETF is still a future mission. Ripple has mentioned an XRP Spot ETF multiple times but has not taken concrete actions to push this goal forward. Clearly, it is a big goal and very difficult at the moment.

BlackRock has stated that they are only focusing on BTC & ETH Spot ETFs and have no plans to propose other Spot ETFs. At the same time, we have not seen a demand for investing in XRP from traditional investors in the US. I think we need the success from ETH Spot ETF before considering Spot ETFs for other ALTS like XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: erus on September 23, 2024, 04:59:42 AM
For today's update, has Ripple been accepted by ETFs? If not, what has Ripple done now if it wants to be accepted by ETFs? Until now I am still pessimistic that Ripple will be accepted by ETFs because I don't understand the reason, but maybe Ripple seems like a rather stiff coin for me to be an investment item. Cmiiw
We currently only have BTC & ETH Spot ETFs in the US, while XRP Spot ETF is still a future mission. Ripple has mentioned an XRP Spot ETF multiple times but has not taken concrete actions to push this goal forward. Clearly, it is a big goal and very difficult at the moment.

BlackRock has stated that they are only focusing on BTC & ETH Spot ETFs and have no plans to propose other Spot ETFs. At the same time, we have not seen a demand for investing in XRP from traditional investors in the US. I think we need the success from ETH Spot ETF before considering Spot ETFs for other ALTS like XRP.
But what this ETF does is also good because the ETF does not want to take a harder risk because of the effects of Ripple trading, for ETF trading of BTC and ETH also currently still does not look very fashionable because it seems to tend not to give Bitcoin prices an increase, at least the increase is 100%. Moreover, this Ripple coin has historically been rather bad for investors so that the ETF will also keep its distance from accepting Ripple in trading. This is just my perception, how about you?
Title: Re: Will we have XRP Spot ETF soon?
Post by: royalRitta on September 23, 2024, 12:28:35 PM
For today's update, has Ripple been accepted by ETFs? If not, what has Ripple done now if it wants to be accepted by ETFs? Until now I am still pessimistic that Ripple will be accepted by ETFs because I don't understand the reason, but maybe Ripple seems like a rather stiff coin for me to be an investment item. Cmiiw
We currently only have BTC & ETH Spot ETFs in the US, while XRP Spot ETF is still a future mission. Ripple has mentioned an XRP Spot ETF multiple times but has not taken concrete actions to push this goal forward. Clearly, it is a big goal and very difficult at the moment.

BlackRock has stated that they are only focusing on BTC & ETH Spot ETFs and have no plans to propose other Spot ETFs. At the same time, we have not seen a demand for investing in XRP from traditional investors in the US. I think we need the success from ETH Spot ETF before considering Spot ETFs for other ALTS like XRP.

I may agree. If the demand from the big guys isn't there, there could be small talks and big talks about it, but the reality and the situation would remain the same.
Some major events should take place in order for the big players on the market to consider ETFs, and it should be a goal in mind for the team of the Ripple itself.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on September 23, 2024, 04:30:18 PM
I may agree. If the demand from the big guys isn't there, there could be small talks and big talks about it, but the reality and the situation would remain the same.
Some major events should take place in order for the big players on the market to consider ETFs, and it should be a goal in mind for the team of the Ripple itself.
I'm an XRP fan, as XRP is in my portfolio and I always wish for the best for this token. XRP Spot ETF is an interesting narrative but unfortunately, Ripple couldn't make it happen to attract investors.

Meanwhile, BTC Spot ETF has been very successful while ETH Spot ETF needs more time for the selling pressure from Grayscale to be fully absorbed. If ETH Spot ETF doesn't really succeed, investment funds will have no reason to continue proposing Spot ETFs based on any other ALTS, whether it's XRP or SOL.
Title: Re: Will we have XRP Spot ETF soon?
Post by: ant958 on October 02, 2024, 05:47:29 AM
maybe even this month.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on October 02, 2024, 05:17:37 PM
maybe even this month.
Even though we've received some positive news from Bitwise, I wouldn't dare expect the XRP Spot ETF to arrive this month. The approval process for Spot ETFs typically takes several months and may face numerous document revision requests.

Update 2024.10.02: Bitwise has registered a trust entity in Delaware, a step toward creating an XRP ETF. This is the first time a legitimate filing for an XRP ETF has been confirmed.
Title: Re: Will we have XRP Spot ETF soon?
Post by: dekafee79 on October 06, 2024, 02:28:16 AM
I may agree. If the demand from the big guys isn't there, there could be small talks and big talks about it, but the reality and the situation would remain the same.
Some major events should take place in order for the big players on the market to consider ETFs, and it should be a goal in mind for the team of the Ripple itself.
I'm an XRP fan, as XRP is in my portfolio and I always wish for the best for this token. XRP Spot ETF is an interesting narrative but unfortunately, Ripple couldn't make it happen to attract investors.

Meanwhile, BTC Spot ETF has been very successful while ETH Spot ETF needs more time for the selling pressure from Grayscale to be fully absorbed. If ETH Spot ETF doesn't really succeed, investment funds will have no reason to continue proposing Spot ETFs based on any other ALTS, whether it's XRP or SOL.
I'm not sure that altcoin ETFs will succeed because when bitcoin price struggles altcoins will follow it, what I see is a successful ETF is a bitcoin ETF that can make bitcoin reach ATH $ 73K, maybe next year's altcoin ETF will have a good impact on altcoin prices when bitcoin prices have started to rise and are more stable during the bullish season.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on October 06, 2024, 04:14:19 PM
I'm not sure that altcoin ETFs will succeed because when bitcoin price struggles altcoins will follow it, what I see is a successful ETF is a bitcoin ETF that can make bitcoin reach ATH $ 73K, maybe next year's altcoin ETF will have a good impact on altcoin prices when bitcoin prices have started to rise and are more stable during the bullish season.
Well, currently we only have ETH Spot ETFs, while Spot ETFs based on other ALTs haven't been proposed or approved in the US. I personally think the fate of ALTs heavily depends on the surge of BTC price rather than their own Spot ETFs.

Even an XRP Spot ETF might only positively impact the XRP price by improving investor sentiment, but it won't necessarily attract significant inflows. The weak inflows into ETH Spot ETFs are the clearest evidence.

Therefore, I'm still looking forward to a new ATH for BTC and subsequently a price increase for XRP in the market. The XRP Spot ETF could be an interesting narrative that Ripple continuously mentions to fuel FOMO for XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Azharul on November 25, 2024, 04:23:24 PM
I'm not sure that altcoin ETFs will succeed because when bitcoin price struggles altcoins will follow it, what I see is a successful ETF is a bitcoin ETF that can make bitcoin reach ATH $ 73K, maybe next year's altcoin ETF will have a good impact on altcoin prices when bitcoin prices have started to rise and are more stable during the bullish season.
Well, currently we only have ETH Spot ETFs, while Spot ETFs based on other ALTs haven't been proposed or approved in the US. I personally think the fate of ALTs heavily depends on the surge of BTC price rather than their own Spot ETFs.

Even an XRP Spot ETF might only positively impact the XRP price by improving investor sentiment, but it won't necessarily attract significant inflows. The weak inflows into ETH Spot ETFs are the clearest evidence.

Therefore, I'm still looking forward to a new ATH for BTC and subsequently a price increase for XRP in the market. The XRP Spot ETF could be an interesting narrative that Ripple continuously mentions to fuel FOMO for XRP.
XRP is one of the best profitable crypto in cryptocurrency market. So i think that you could express a best opinion in your post. I also think that day by day XRP price is increase. We also know that bitcoin is the king of cryptocurrency world. We can see that bitcoin price is running rapidly in cryptocurrency market. So we also know that when bitcoin price will then all crypto currency market is increase. So i think that in this reason XRP price will increase gradually in cryptocurrency market.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on November 26, 2024, 06:44:27 PM
XRP is one of the best profitable crypto in cryptocurrency market. So i think that you could express a best opinion in your post. I also think that day by day XRP price is increase. We also know that bitcoin is the king of cryptocurrency world. We can see that bitcoin price is running rapidly in cryptocurrency market. So we also know that when bitcoin price will then all crypto currency market is increase. So i think that in this reason XRP price will increase gradually in cryptocurrency market.
We have witnessed a strong price increase of XRP from $0.5 to $1.5 over the past few days, surprising the investment community. Gensler impending departure from the SEC may lead to the dismissal of the lawsuit against Ripple and XRP, and Ripple relationship with Trump has made investors truly optimistic about XRP future.

Currently, Wisdom Tree is planning to propose an XRP Spot ETF, which gives us reason to expect this product and anticipate its positive impact on XRP price in the market. XRP has a great opportunity to create a new ATH in this bullrun.
Title: Re: Will we have XRP Spot ETF soon?
Post by: BitMaxz on November 26, 2024, 11:39:33 PM

Currently, Wisdom Tree is planning to propose an XRP Spot ETF, which gives us reason to expect this product and anticipate its positive impact on XRP price in the market. XRP has a great opportunity to create a new ATH in this bullrun.
I am sure it will have a huge impact once they add the XRP spot ETF, not next month, but next year. Plus incoming altcoin season I believe it will hit more than $7 just my speculation in ber months next year.
However, according to the news about SEC lawsuit against Ripple(XRP) there's a  zero percent chance of dismissal. That is why it can't still able to surpass $2 level.
I am hoping to hear good news about ripple; we will see what Trump does on January 20. If the ripple lawsuit is dismissed, there will be a huge price impact; otherwise, it will be similar to what happened in 2021/2022.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on November 27, 2024, 08:38:29 PM
I am sure it will have a huge impact once they add the XRP spot ETF, not next month, but next year. Plus incoming altcoin season I believe it will hit more than $7 just my speculation in ber months next year.
However, according to the news about SEC lawsuit against Ripple(XRP) there's a  zero percent chance of dismissal. That is why it can't still able to surpass $2 level.
I am hoping to hear good news about ripple; we will see what Trump does on January 20. If the ripple lawsuit is dismissed, there will be a huge price impact; otherwise, it will be similar to what happened in 2021/2022.
Right after January 20th, the SEC's lawsuit against XRP may be terminated because:
1. The SEC will have a new chairman and he may change the SEC view on XRP and crypto
2. Direct instructions from Trump that the SEC needs to stop attacking crypto projects.
3. The emergence of a clear legal framework could make the lawsuit unconstitutional.

The rise of XRP is sure to come, but I cannot accurately predict a new ATH. If you have been DCA XRP in the crypto winter, you can also sell in parts as soon as XRP exits the downtrend.
Title: Re: Will we have XRP Spot ETF soon?
Post by: bitterguy28 on December 03, 2024, 06:37:08 AM
Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) to introduce a spot XRP exchange-traded fund (ETF). This proposed ETF intends to reflect the performance of XRP while accounting for operational costs. (http://Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) to introduce a spot XRP exchange-traded fund (ETF). This proposed ETF intends to reflect the performance of XRP while accounting for operational costs.)

we might actually see etf xrp soon all it needs is the approval now the question would be is whether sec will approve xrp etf considering their battle against one another what are the chances?
Title: Re: Will we have XRP Spot ETF soon?
Post by: Crwth on December 03, 2024, 06:45:36 AM
Many people have probably been so happy with the past performance in the previous days of XRP. The people holding for so long (I know some of them that accumulated) must have been happy and amazed with this.

The possibility of the ETF is even more exciting in that it could rally the price. Knowing it's within the ATH range, I'm just curious how it will play out now.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 03, 2024, 06:18:35 PM
Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) to introduce a spot XRP exchange-traded fund (ETF). This proposed ETF intends to reflect the performance of XRP while accounting for operational costs. (http://Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) to introduce a spot XRP exchange-traded fund (ETF). This proposed ETF intends to reflect the performance of XRP while accounting for operational costs.)

we might actually see etf xrp soon all it needs is the approval now the question would be is whether sec will approve xrp etf considering their battle against one another what are the chances?
When Gary Gensler leaves the SEC and the SEC lawsuit is dropped, the new SEC and Ripple will no longer be enemies. The SEC will have no further reason to reject the XRP Spot ETF, the only issue will be the actual demand from traditional investors for XRP, as XRP is not as well-known as BTC.

Currently, XRP price has recovered very impressively and we could see an ATH at any time. The launch of the XRP Spot ETF will provide additional momentum for this growth, but it will not be a prerequisite for XRP success in the bullrun 2025. Ripple itself has a lot of money and relationships, and they also have a very effective marketing strategy. They will be able to pump XRP after years of waiting for the outcome of this troublesome lawsuit.
Title: Re: Will we have XRP Spot ETF soon?
Post by: doc on December 04, 2024, 10:27:51 PM
Many people have probably been so happy with the past performance in the previous days of XRP. The people holding for so long (I know some of them that accumulated) must have been happy and amazed with this.

The possibility of the ETF is even more exciting in that it could rally the price. Knowing it's within the ATH range, I'm just curious how it will play out now.
I still hold XRP after selling some for take profit. because I see XRP has a good movement in the crypto market and as if after the ETF news, XRP's performance was very good until it reached a price close to $3. A good achievement this year and the price of XRP will likely touch $3 soon
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 05, 2024, 05:53:14 PM
I still hold XRP after selling some for take profit. because I see XRP has a good movement in the crypto market and as if after the ETF news, XRP's performance was very good until it reached a price close to $3. A good achievement this year and the price of XRP will likely touch $3 soon
Yeah, currently XRP holders can be proud of holding XRP steadfastly over the past few years and they deserve the profits from XRP impressive price increase. I'm still holding a little XRP but unfortunately, my account is temporarily frozen due to sanctions from the Russia-Ukraine war so I can't take profits yet. I hope that when the war ends, XRP will be at a higher price zone instead of losing all its value ^^

We're waiting for news about the XRP Spot ETF, I believe that will be important news to boost XRP price breakout in the future, although we can't predict inflows from traditional investors in the US.
Title: Re: Will we have XRP Spot ETF soon?
Post by: Gurujebs on December 05, 2024, 06:04:56 PM
I still hold XRP after selling some for take profit. because I see XRP has a good movement in the crypto market and as if after the ETF news, XRP's performance was very good until it reached a price close to $3. A good achievement this year and the price of XRP will likely touch $3 soon

If there are any string army in crypto, I give it to XRP holders. Those guys are very patient and don't get bother about the market. All they care about is the future and nothing bothers them. I remember when sacked SEC Chairman came hard for Ripple and took them to court for selling XRP as security, this made XRP like dead coin.

Now, the chairman is gone because despite when court rule against SEC, they seems to take XRP personal but that is now from far over, it's time to build for the future. I want to see the banking dreams comes to reality.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 06, 2024, 03:58:18 PM
If there are any string army in crypto, I give it to XRP holders. Those guys are very patient and don't get bother about the market. All they care about is the future and nothing bothers them. I remember when sacked SEC Chairman came hard for Ripple and took them to court for selling XRP as security, this made XRP like dead coin.

Now, the chairman is gone because despite when court rule against SEC, they seems to take XRP personal but that is now from far over, it's time to build for the future. I want to see the banking dreams comes to reality.
I am an XRP holder and I am very honored to receive your award, although I am an accidental and temporary holder and I still do not have access to my XRP amount @@

XRP holders have experienced many intense emotions: high expectations in 2020, severe disappointment throughout 2021-2024, and only a little joy in 2024. Many people regret not accumulating more during the crypto winter or having sold some XRP due to spending needs or selling all of their XRP when they broke even a few weeks ago. That's something that other investors can't imagine if they only look at XRP price chart.

XRP holders truly deserve the profits that the market has just given them, and they even deserve to sell XRP at higher price levels ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on December 07, 2024, 11:40:47 PM
Many people have probably been so happy with the past performance in the previous days of XRP. The people holding for so long (I know some of them that accumulated) must have been happy and amazed with this.

The possibility of the ETF is even more exciting in that it could rally the price. Knowing it's within the ATH range, I'm just curious how it will play out now.
Exactly, we are very happy with the progress and development of XRP this time. Even XRP had frustrated me because its price was still stagnant at $ 0.5 at that time and there was still a lot of bad news. until finally now, in just a month the development of the XRP price and also its market cap is truly extraordinary.

now we just have to wait for the price of XRP in the future, it is expected to reach a new ATH again, but of course it still takes time to rise again.
Title: Re: Will we have XRP Spot ETF soon?
Post by: dekafee79 on December 08, 2024, 03:36:51 PM
Many people have probably been so happy with the past performance in the previous days of XRP. The people holding for so long (I know some of them that accumulated) must have been happy and amazed with this.

The possibility of the ETF is even more exciting in that it could rally the price. Knowing it's within the ATH range, I'm just curious how it will play out now.
Exactly, we are very happy with the progress and development of XRP this time. Even XRP had frustrated me because its price was still stagnant at $ 0.5 at that time and there was still a lot of bad news. until finally now, in just a month the development of the XRP price and also its market cap is truly extraordinary.

now we just have to wait for the price of XRP in the future, it is expected to reach a new ATH again, but of course it still takes time to rise again.
In the last few weeks we have seen XRP showing a good movement in the crypto market and its price is soaring. I have also made a profit from XRP but I still buy when the price is down and will hold it until next year. XRP has overtaken BNB and Solana even USDT has been overtaken by XRP, an amazing achievement in terms of capitalization. It means many investors are starting to buy XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 08, 2024, 04:52:27 PM
Exactly, we are very happy with the progress and development of XRP this time. Even XRP had frustrated me because its price was still stagnant at $ 0.5 at that time and there was still a lot of bad news. until finally now, in just a month the development of the XRP price and also its market cap is truly extraordinary.

now we just have to wait for the price of XRP in the future, it is expected to reach a new ATH again, but of course it still takes time to rise again.
XRP price has surpassed the peak of the bullrun 2021, so I think ATH will come to XRP in this cycle, especially since we still have all of 2025 for ALTs to grow. The skepticism when XRP price was below $1 has robbed many investors of their opportunities, while giving profits to true supporters ^^

Now we are still waiting together for the XRP Spot ETF. The SEC has announced a halt to accepting Spot ETF proposals until the end of Biden term, we will wait for good things in Q1 and Q2 2025 for XRP. I hope that we will talk about XRP at $5 or $10 here, together!
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on December 10, 2024, 11:17:40 PM
now we just have to wait for the price of XRP in the future, it is expected to reach a new ATH again, but of course it still takes time to rise again.
In the last few weeks we have seen XRP showing a good movement in the crypto market and its price is soaring. I have also made a profit from XRP but I still buy when the price is down and will hold it until next year. XRP has overtaken BNB and Solana even USDT has been overtaken by XRP, an amazing achievement in terms of capitalization. It means many investors are starting to buy XRP.
It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.

One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 11, 2024, 04:56:45 PM
It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.

One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
I can’t exactly predict the upcoming market movements. BTC may have completed an impulse wave and has started a corrective wave that lasts 61.8%-100% of the impulse wave duration. Or the sideways movement in the past 2 weeks is just a rest before BTC continues to break through $100k to reach $150K and $200K. Things get even more complicated when we try to predict the movements of ALTs as XRP.

If the funds are pushed to ALTs, we will soon have an altseason and XRP will be one of the leading tokens thanks to its recent impressive price increase. The spot XRP ETF will be a catalyst for XRP price increase but unfortunately, it can only be considered after January 2025.
Title: Re: Will we have XRP Spot ETF soon?
Post by: legend45 on December 11, 2024, 11:22:52 PM
now we just have to wait for the price of XRP in the future, it is expected to reach a new ATH again, but of course it still takes time to rise again.
In the last few weeks we have seen XRP showing a good movement in the crypto market and its price is soaring. I have also made a profit from XRP but I still buy when the price is down and will hold it until next year. XRP has overtaken BNB and Solana even USDT has been overtaken by XRP, an amazing achievement in terms of capitalization. It means many investors are starting to buy XRP.
It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.

One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
You are lucky enough to have taken profit before the correction, I haven't had time to do it because my plan is to hold long term and because of my real world activities yesterday I didn't focus on watching the market.
Currently the crypto market to, Bali is improving and the bitcoin price is back above $ 100K, I only bought a few potential coins during the correction and will take profit when the bitcoin price hits ATH again.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 12, 2024, 05:22:56 PM
You are lucky enough to have taken profit before the correction, I haven't had time to do it because my plan is to hold long term and because of my real world activities yesterday I didn't focus on watching the market.

Currently the crypto market to, Bali is improving and the bitcoin price is back above $ 100K, I only bought a few potential coins during the correction and will take profit when the bitcoin price hits ATH again.
Every investor will have their own criteria for taking profits, but in any case, taking profits is always better than cutting losses.

I cannot predict the upcoming fluctuations of BTC. I am not sure if the market will quickly enter a correction wave and BTC price will fall back to the equilibrium zone at around $50K. I can only continue to hold BTC until BTC falls out of the linear uptrend channel.

(https://www.tradingview.com/x/x7rNIKiJ/)

I apply the same approach to XRP: I will sell XRP when BTC shows signs of a reversal. I am willing to accept a slightly higher risk to have the opportunity to benefit from the positive impact of the XRP Spot ETF in the US.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on December 13, 2024, 11:47:13 PM
It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.

One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
I can’t exactly predict the upcoming market movements. BTC may have completed an impulse wave and has started a corrective wave that lasts 61.8%-100% of the impulse wave duration. Or the sideways movement in the past 2 weeks is just a rest before BTC continues to break through $100k to reach $150K and $200K. Things get even more complicated when we try to predict the movements of ALTs as XRP.

If the funds are pushed to ALTs, we will soon have an altseason and XRP will be one of the leading tokens thanks to its recent impressive price increase. The spot XRP ETF will be a catalyst for XRP price increase but unfortunately, it can only be considered after January 2025.
Oh yes, we will not be able to predict how the market will actually run later, in the next few days, months, or years., because that's why each of us must have a strategy to be able to profit from investment in Bitcoin, in a certain way to be expected to achieve the target. and moreover, related to altcoin season, it has indeed started, but just like Bitcoin, it may not be at its peak, so there is still hope that altcoin season will give or make the prices of some altcoins to be able to exceed the previous ATH, like XRP, the hope is so, Then, that's also for the time when, we still don't know, and it seems like it will happen in 2025, not this year as the peak
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 14, 2024, 05:00:25 PM
Oh yes, we will not be able to predict how the market will actually run later, in the next few days, months, or years., because that's why each of us must have a strategy to be able to profit from investment in Bitcoin, in a certain way to be expected to achieve the target. and moreover, related to altcoin season, it has indeed started, but just like Bitcoin, it may not be at its peak, so there is still hope that altcoin season will give or make the prices of some altcoins to be able to exceed the previous ATH, like XRP, the hope is so, Then, that's also for the time when, we still don't know, and it seems like it will happen in 2025, not this year as the peak
I think maintaining faith in XRP is crucial. Some of the reasons for investors to continue holding onto their expectations are the possibility of an XRP Spot ETF, Ripple strong presence, the maturity of its global partner network, and the development of the remittance services Ripple provides. I have been following these developments to hold XRP through the crypto winter.

2025 is still ahead, and there are still opportunities for XRP. I hope that with such a long-term accumulation over the past 6 years, XRP will reach extremely high prices and surprise the crypto community as it did in 2017. I have experienced that time and want to experience it many more times ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: dekafee79 on December 15, 2024, 03:37:35 PM
It's lucky that yesterday there were four take profits and now we can take part again during this correction. Yes, and now is a pretty good time to buy some altcoins or even Bitcoin because the market conditions are undergoing a fairly long correction in several coins.

One of them is XRP which has experienced a correction of more than 10% in the last 1 week. It's just that fortunately the price is still above $ 2.2, so it's still quite safe. Just tighten and manage our emotions to be calmer in facing this current market correction. Because after this I'm pretty sure the market will soon be on fire again.
I can’t exactly predict the upcoming market movements. BTC may have completed an impulse wave and has started a corrective wave that lasts 61.8%-100% of the impulse wave duration. Or the sideways movement in the past 2 weeks is just a rest before BTC continues to break through $100k to reach $150K and $200K. Things get even more complicated when we try to predict the movements of ALTs as XRP.

If the funds are pushed to ALTs, we will soon have an altseason and XRP will be one of the leading tokens thanks to its recent impressive price increase. The spot XRP ETF will be a catalyst for XRP price increase but unfortunately, it can only be considered after January 2025.
Oh yes, we will not be able to predict how the market will actually run later, in the next few days, months, or years., because that's why each of us must have a strategy to be able to profit from investment in Bitcoin, in a certain way to be expected to achieve the target. and moreover, related to altcoin season, it has indeed started, but just like Bitcoin, it may not be at its peak, so there is still hope that altcoin season will give or make the prices of some altcoins to be able to exceed the previous ATH, like XRP, the hope is so, Then, that's also for the time when, we still don't know, and it seems like it will happen in 2025, not this year as the peak
Bullish season is likely to happen next year, and I agree with this prediction.
Some say altcoin season has started because some coins have reached their ATH but I feel like we haven't fully entered altcoin season yet.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 15, 2024, 05:49:28 PM
Bullish season is likely to happen next year, and I agree with this prediction.
Some say altcoin season has started because some coins have reached their ATH but I feel like we haven't fully entered altcoin season yet.
We need a longer sideways movement of BTC above $100K for people to start getting bored with BTC and start looking for more volatility in ALTs in the market. Investors will start exploring top coins like ETH, XRP, SOL, BNB... and surely XRP with the victory against SEC will be chosen by large capital flows and impressive price increases in altseason.

I hope that the price increase of XRP will create FOMO and boost the investment demand for XRP from traditional investors. That is an important basis for SEC to approve XRP Spot ETF next year. Then, if Ripple will be able to successfully IPO, we will have a truly successful cycle of XRP in both the short and long term.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on December 15, 2024, 10:05:53 PM
,.\,.\like XRP, the hope is so, Then, that's also for the time when, we still don't know, and it seems like it will happen in 2025, not this year as the peak
I think maintaining faith in XRP is crucial. Some of the reasons for investors to continue holding onto their expectations are the possibility of an XRP Spot ETF, Ripple strong presence, the maturity of its global partner network, and the development of the remittance services Ripple provides. I have been following these developments to hold XRP through the crypto winter.

2025 is still ahead, and there are still opportunities for XRP. I hope that with such a long-term accumulation over the past 6 years, XRP will reach extremely high prices and surprise the crypto community as it did in 2017. I have experienced that time and want to experience it many more times ^^
Of course, even though it's actually not quite easy to maintain our faith in XRP in recent years. but when we have gone through critical times for XRP, even a few months ago, actually now is the time for us to just wait.

because at least we have surpassed the XRP market which has dropped so much and with the many FUD circulating about XRP, as well as various attacks, from especially the SEC, so far on XRP, then I am sure that many we just have to wait a little longer to see what will happen in 2025. so we have to be more patient, and I still believe and indeed have to believe that XRP can really surpass the previous ATH and also the hope is that when the chairman of the SEC If it is really replaced, it will be easier for XRP to be approved for ETFs.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 16, 2024, 03:42:18 PM
Of course, even though it's actually not quite easy to maintain our faith in XRP in recent years. but when we have gone through critical times for XRP, even a few months ago, actually now is the time for us to just wait.

because at least we have surpassed the XRP market which has dropped so much and with the many FUD circulating about XRP, as well as various attacks, from especially the SEC, so far on XRP, then I am sure that many we just have to wait a little longer to see what will happen in 2025. so we have to be more patient, and I still believe and indeed have to believe that XRP can really surpass the previous ATH and also the hope is that when the chairman of the SEC If it is really replaced, it will be easier for XRP to be approved for ETFs.
Yeah, the scariest thing is not when I hold XRP and endure losses while other investors are profiting from BTC or DOGE, but when I have to listen to complaints, frustrations and anger from other XRP holders. When XRP price dropped to $0.3 in mid-2022, I once wanted to sell my remaining XRP to buy some other tokens as I thought XRP failure was already predetermined.

Currently, as I am making a profit from XRP and the market is in a bullrun, altseason could start anytime so I have no reason to rush to sell my XRP. I have enough confidence to hold XRP to a new ATH in this cycle, and I think many other XRP holders have similar expectations.
Title: Re: Will we have XRP Spot ETF soon?
Post by: TomPluz on December 17, 2024, 03:00:42 PM

I think maintaining faith in XRP is crucial. Some of the reasons for investors to continue holding onto their expectations are the possibility of an XRP Spot ETF, Ripple strong presence, the maturity of its global partner network, and the development of the remittance services Ripple provides. I have been following these developments to hold XRP through the crypto winter.


I am looking forward for the approval possibility of XRP Spot ETF in 2025 and let's hope the new SEC Chair can be inclined towards this proposition. Let's see if XRP can beat Solana on this matter as many are also rooting for SOL ETF in the market. I made a big mistake of letting go of my minute XRP hoard when the price was at $1.3 never thought that it can go as high as it is now...hoping other XRP holders will never make the same mistake as there are surely far more area of growth for this asset.

Title: Re: Will we have XRP Spot ETF soon?
Post by: BitMaxz on December 17, 2024, 11:50:19 PM
I am looking forward for the approval possibility of XRP Spot ETF in 2025 and let's hope the new SEC Chair can be inclined towards this proposition. Let's see if XRP can beat Solana on this matter as many are also rooting for SOL ETF in the market. I made a big mistake of letting go of my minute XRP hoard when the price was at $1.3 never thought that it can go as high as it is now...hoping other XRP holders will never make the same mistake as there are surely far more area of growth for this asset.

You are lucky that you have XRP and sold it at $1.3 but many of us miss the chance to buy it at around $0.5 then suddenly price surge and now it stays above $2 it seems that it will stay to $2 for long and it might surge again but if this is the same as the previous cycle then this is just a spike and later bad news will come that can make the price sudden price dump.
I hope it wasn't the same as before if you look at the histocal chart you should able to notice it every cycle.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on December 18, 2024, 04:47:43 PM
I am looking forward for the approval possibility of XRP Spot ETF in 2025 and let's hope the new SEC Chair can be inclined towards this proposition. Let's see if XRP can beat Solana on this matter as many are also rooting for SOL ETF in the market. I made a big mistake of letting go of my minute XRP hoard when the price was at $1.3 never thought that it can go as high as it is now...hoping other XRP holders will never make the same mistake as there are surely far more area of growth for this asset.
The XRP and SOL competition will be interesting on Coinmarketcap and Spot ETF in 2025. The impressive recovery of XRP price has created a lot of mixed emotions and sentiments in the crypto market: some people are happy, but some are regretful, which is completely normal in the financial markets.

I think selling tokens at the target is completely normal, XRP is just a token in the market, we cannot predict its future so adhering to the investment strategy is extremely necessary. XRP could be an important token in the interbank financial system in the future, but that doesn't really matter to me. I'm holding XRP and just want to take profit with the biggest possible profit in 2025 ^^
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on February 12, 2025, 11:35:03 PM
Yeah, the scariest thing is not when I hold XRP and endure losses while other investors are profiting from BTC or DOGE, but when I have to listen to complaints, frustrations and anger from other XRP holders. When XRP price dropped to $0.3 in mid-2022, I once wanted to sell my remaining XRP to buy some other tokens as I thought XRP failure was already predetermined.

Currently, as I am making a profit from XRP and the market is in a bullrun, altseason could start anytime so I have no reason to rush to sell my XRP. I have enough confidence to hold XRP to a new ATH in this cycle, and I think many other XRP holders have similar expectations.
Yes, this happened especially when XRP dropped to $0.5 or even less, various FUDs and distrust of XRP holders were very high, even the XRP army seemed to disappear. But it is undeniable that at that time it was very worrying and desperate. Just imagine if when buying XRP at $1.5 and then dropping, it must have been desperate and there was no hope anymore. But really, patience has paid off very well this time. Because of patience or coincidence which is indeed very good because there is no other choice but to hold, so I remained loyal to XRP at that time, and until now the conditions have improved a lot.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on February 14, 2025, 08:48:21 PM
Yes, this happened especially when XRP dropped to $0.5 or even less, various FUDs and distrust of XRP holders were very high, even the XRP army seemed to disappear. But it is undeniable that at that time it was very worrying and desperate. Just imagine if when buying XRP at $1.5 and then dropping, it must have been desperate and there was no hope anymore. But really, patience has paid off very well this time. Because of patience or coincidence which is indeed very good because there is no other choice but to hold, so I remained loyal to XRP at that time, and until now the conditions have improved a lot.
Investors always react very extremely: when the market declines, they are more extremely fearful than necessary, to the point of selling off tokens or holding stablecoins and not daring to accumulate. Conversely, when the market grows, they are extremely optimistic and do not consider risks or capital management. The same thing has happened with many XRP holders, many of whom have abandoned XRP and turned to other tokens in the market.

For investors who are enjoying profits from XRP, we can be satisfied with the results for our efforts. Spot ETF is very close, I think I will not sell XRP until we have a Spot ETF and an extremely high ATH this year.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on March 01, 2025, 11:16:09 PM
Of course, even though it's actually not quite easy to maintain our faith in XRP in recent years. but when we have gone through critical times for XRP, even a few months ago, actually now is the time for us to just wait.

because at least we have surpassed the XRP market which has dropped so much and with the many FUD circulating about XRP, as well as various attacks, from especially the SEC, so far on XRP, then I am sure that many we just have to wait a little longer to see what will happen in 2025. so we have to be more patient, and I still believe and indeed have to believe that XRP can really surpass the previous ATH and also the hope is that when the chairman of the SEC If it is really replaced, it will be easier for XRP to be approved for ETFs.
Yeah, the scariest thing is not when I hold XRP and endure losses while other investors are profiting from BTC or DOGE, but when I have to listen to complaints, frustrations and anger from other XRP holders. When XRP price dropped to $0.3 in mid-2022, I once wanted to sell my remaining XRP to buy some other tokens as I thought XRP failure was already predetermined.

Currently, as I am making a profit from XRP and the market is in a bullrun, altseason could start anytime so I have no reason to rush to sell my XRP. I have enough confidence to hold XRP to a new ATH in this cycle, and I think many other XRP holders have similar expectations.
It's quite normal when that scary feeling happens, and it really has been experienced when XRP really dropped to just $0.3. And even at that time, I already thought that the XRP project would die. but because I had already held it, so I thought twice about selling it and kept holding them strongly. and even stranger, after experiencing that worry, at that time I actually added some XRP accumulation, which at that time was at $0.4 if I'm not mistaken. This is unique, and fortunately I have strong hands so that now I have really gotten quite a lot of profits from XRP.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 02, 2025, 05:13:01 PM
It's quite normal when that scary feeling happens, and it really has been experienced when XRP really dropped to just $0.3. And even at that time, I already thought that the XRP project would die. but because I had already held it, so I thought twice about selling it and kept holding them strongly. and even stranger, after experiencing that worry, at that time I actually added some XRP accumulation, which at that time was at $0.4 if I'm not mistaken. This is unique, and fortunately I have strong hands so that now I have really gotten quite a lot of profits from XRP.
Congratulations on your huge profits from XRP! Your profits will become even greater if the XRP Spot ETF is approved soon and receives huge capital inflows from US investors. Although the crypto market is experiencing a bleak and boring period, the opportunity for an XRP ETF is greater than ever.

Some analysts have suggested that this cycle is only for ALTs with Spot ETFs instead of all ALTs in the market. If this happens, this is an opportunity for XRP to consolidate its position in the crypto market after its extremely impressive return.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on March 12, 2025, 10:42:04 PM
It's quite normal when that scary feeling happens, and it really has been experienced when XRP really dropped to just $0.3. And even at that time, I already thought that the XRP project would die. but because I had already held it, so I thought twice about selling it and kept holding them strongly. and even stranger, after experiencing that worry, at that time I actually added some XRP accumulation, which at that time was at $0.4 if I'm not mistaken. This is unique, and fortunately I have strong hands so that now I have really gotten quite a lot of profits from XRP.
Congratulations on your huge profits from XRP! Your profits will become even greater if the XRP Spot ETF is approved soon and receives huge capital inflows from US investors. Although the crypto market is experiencing a bleak and boring period, the opportunity for an XRP ETF is greater than ever.

Some analysts have suggested that this cycle is only for ALTs with Spot ETFs instead of all ALTs in the market. If this happens, this is an opportunity for XRP to consolidate its position in the crypto market after its extremely impressive return.
But I personally haven't taken profits on these coins, so I'm still holding them. But yes, recently I'm a bit worried again because they really crashed. And there's a lot of info that BTC will drop again, so altcoins will also follow.

But, fortunately there are still many sources here that also convince that as long as the coins we hold are really good coins, then just be patient to hold, we always hope that the altcoin season will really happen this year. At least, we're just in Q1.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on March 13, 2025, 06:45:27 PM
But I personally haven't taken profits on these coins, so I'm still holding them. But yes, recently I'm a bit worried again because they really crashed. And there's a lot of info that BTC will drop again, so altcoins will also follow.

But, fortunately there are still many sources here that also convince that as long as the coins we hold are really good coins, then just be patient to hold, we always hope that the altcoin season will really happen this year. At least, we're just in Q1.
You are holding XRP, you should leave the worrying to other holders who are holding memecoins and shitcoins instead of top coins. The lawsuit between the SEC and Ripple is closing and Ripple may not have to pay any fines if they point out that the lawsuit is completely unreasonable. That could be important news for the explosion of XRP price, besides XRP Spot ETF this year.

The crypto market is in an extremely uncomfortable period, XRP price has adjusted but is still very high compared to the bottom zone in the crypto winter. I still believe in altseason and that will be the best time for us to take profits from XRP in 2025.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on April 10, 2025, 11:41:37 PM
But I personally haven't taken profits on these coins, so I'm still holding them. But yes, recently I'm a bit worried again because they really crashed. And there's a lot of info that BTC will drop again, so altcoins will also follow.

But, fortunately there are still many sources here that also convince that as long as the coins we hold are really good coins, then just be patient to hold, we always hope that the altcoin season will really happen this year. At least, we're just in Q1.
You are holding XRP, you should leave the worrying to other holders who are holding memecoins and shitcoins instead of top coins. The lawsuit between the SEC and Ripple is closing and Ripple may not have to pay any fines if they point out that the lawsuit is completely unreasonable. That could be important news for the explosion of XRP price, besides XRP Spot ETF this year.

The crypto market is in an extremely uncomfortable period, XRP price has adjusted but is still very high compared to the bottom zone in the crypto winter. I still believe in altseason and that will be the best time for us to take profits from XRP in 2025.
Well, since I decided to still hold XRP, then I don't need to worry about various bad news that might hit XRP again, either from the SEC or other FUD. and still believe that XRP can return to its ATH again and it will be very profitable. It's not easy to do this after holding them for more than 4 years. and hope it will be in accordance with the target I dream of. if not, at least it will be close. So, I can still enjoy the results
Title: Re: Will we have XRP Spot ETF soon?
Post by: Report on April 11, 2025, 08:06:12 AM
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Well, since I decided to still hold XRP, then I don't need to worry about various bad news that might hit XRP again, either from the SEC or other FUD.
I think you are indeed a brave hodL Ripple because I myself and our community do not like Ripple. If only I had Ripple, maybe it would only be used for a moment to seek profit.

and still believe that XRP can return to its ATH again and it will be very profitable. It's not easy to do this after holding them for more than 4 years. and hope it will be in accordance with the target I dream of. if not, at least it will be close. So, I can still enjoy the results
Btw, how many Ripple coins do you hodL?
I think 4 years is short for those who have fashion hodler for Ripple army because there are so many Ripple army out there who hodL Ripple since it was first launched.
Title: Re: Will we have XRP Spot ETF soon?
Post by: 36B on April 18, 2025, 08:32:42 AM
But I personally haven't taken profits on these coins, so I'm still holding them. But yes, recently I'm a bit worried again because they really crashed. And there's a lot of info that BTC will drop again, so altcoins will also follow.

But, fortunately there are still many sources here that also convince that as long as the coins we hold are really good coins, then just be patient to hold, we always hope that the altcoin season will really happen this year. At least, we're just in Q1.
You are holding XRP, you should leave the worrying to other holders who are holding memecoins and shitcoins instead of top coins. The lawsuit between the SEC and Ripple is closing and Ripple may not have to pay any fines if they point out that the lawsuit is completely unreasonable. That could be important news for the explosion of XRP price, besides XRP Spot ETF this year.

The crypto market is in an extremely uncomfortable period, XRP price has adjusted but is still very high compared to the bottom zone in the crypto winter. I still believe in altseason and that will be the best time for us to take profits from XRP in 2025.
Well, since I decided to still hold XRP, then I don't need to worry about various bad news that might hit XRP again, either from the SEC or other FUD. and still believe that XRP can return to its ATH again and it will be very profitable. It's not easy to do this after holding them for more than 4 years. and hope it will be in accordance with the target I dream of. if not, at least it will be close. So, I can still enjoy the results
Honestly, it’s not a joke to run a business for four years in such a competitive and unpredictable market such as cryptocurrency. In relative to long term investment however one has to periodically review whether the expectation and objectives are still relevant with the current market operation and politics. XRP has also some issues, the key of which is, in fact, legal and the tussle with the SEC. It is more preferable to have a hope for XRP which can rise back to its all-time high, at the same time, one should not get too attached to this scenario as it isn’t likely to turn out as expected. So if it does not feel wrong in your stomach and you are ready for anything at all then proceed. The most important thing, however, is to always cheque whether such decision is still appropriate to attain your goals and manage risks.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on April 18, 2025, 08:48:25 PM
Well, since I decided to still hold XRP, then I don't need to worry about various bad news that might hit XRP again, either from the SEC or other FUD. and still believe that XRP can return to its ATH again and it will be very profitable. It's not easy to do this after holding them for more than 4 years. and hope it will be in accordance with the target I dream of. if not, at least it will be close. So, I can still enjoy the results
What doesn't kill you makes you stronger. The SEC couldn't take down Ripple, instead, the SEC has only made Ripple position and reputation stronger than ever. We already know that Ripple has a lot of money and influence, and especially that they are very serious about their interbank payment solution to revolutionize finance.

After RLUSD, an XRP Spot ETF would be the necessary piece for Ripple to complete its massive ecosystem. XRP holders have gone through a lot, I understand this clearly, and deserve the opportunity to take profit in the near future. I still believe in a new ATH for XRP just like I believe in a BTC ATH in the $150K-170K price zone.
Title: Re: Will we have XRP Spot ETF soon?
Post by: vegasus on April 18, 2025, 11:39:49 PM
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Well, since I decided to still hold XRP, then I don't need to worry about various bad news that might hit XRP again, either from the SEC or other FUD.
I think you are indeed a brave hodL Ripple because I myself and our community do not like Ripple. If only I had Ripple, maybe it would only be used for a moment to seek profit.
I have been holding this coin for years, so now I have no choice but to hold and believe that at least XRP can be above $3 so that I can really get optimal profit. Well, we'll see later in the altcoin season, maybe there will be some surprises. But for sure, I also want to do TP in this era's ullish season, whatever happens.

What doesn't kill you makes you stronger. The SEC couldn't take down Ripple, instead, the SEC has only made Ripple position and reputation stronger than ever. We already know that Ripple has a lot of money and influence, and especially that they are very serious about their interbank payment solution to revolutionize finance.
Yes, the SEC has wanted to do it many times and it is even like an enemy that often appears on certain agendas. But fortunately, XRP has always been able to handle it very well, even though it is full of ongoing drama. But at least, with the latest news about XRP's relationship with the SEC and also some other news, it can show that XRP's power is still very good in the crypto space, and there are still quite a lot of traders who believe in this coin.
Title: Re: Will we have XRP Spot ETF soon?
Post by: MrSpasybo on April 22, 2025, 07:26:25 PM
Yes, the SEC has wanted to do it many times and it is even like an enemy that often appears on certain agendas. But fortunately, XRP has always been able to handle it very well, even though it is full of ongoing drama. But at least, with the latest news about XRP's relationship with the SEC and also some other news, it can show that XRP's power is still very good in the crypto space, and there are still quite a lot of traders who believe in this coin.
Paul Atkins was officially sworn in today to begin his term as SEC Chairman, and he's a crypto supporter. I think we won't be getting negative news about baseless lawsuits in the future, but rather acceptance for many Spot ETFs for ALTs in this market, including an XRP Spot ETF.

Ripple has been preparing very well to develop its ecosystem over this time, we can imagine the development of DeFi on the XRP Ledger, I think it will be very impressive if Ripple succeeds with this plan. Especially, the price increase of XRP will be confirmation of Ripple successful comeback in this cycle after getting out of legal trouble.