XRP ETF Rumors Rile Up Investors and Pump Price
Crypto industry watchers will remember that one of the biggest developments in 2024 was the approval of spot ETFs for both Bitcoin and Ether. The ETFs had been heavily pursued within the crypto space and finally having them approved was seen as a collective win.
Once the ETFs were on the ground and billions of dollars were invested in them, discussions began about which token would be next in line. Currently, one of the biggest contenders is XRP, the native token of Ripple Labs, and these rumors have even had an impact on its market price.
Perfect Timing For ETFs
2024 and now 2025 are perhaps the best times for crypto ETFs to enter the market. The industry is seeing more political and institutional support than ever before. Just consider the amount of backing that it is seeing from the incoming Trump administration, with there even being talks of a Bitcoin reserve set up by the US government.
Then there is the financial growth, with Bitcoin finally passing the $100,000 price point and a myriad of new tokens making their way into the market. Consumers are certainly responding to all of these changes, with a record number of new active crypto wallets being opened. Many are also searching for both the best crypto wallet and the most promising tokens they can get their hands on. So, if there was any time for XRP to get its own ETF, it is now.
XRP Next in Line?
Because XRP is one of the top cryptos in the world, it was inevitably part of the conversation about spot ETFs in 2025. But these reached fever-pitch thanks to a recent statement from Ripple President Monica Long.
“I think we will see one very soon. I think that we will see more crypto spot ETFs this year coming out of the US, and I think XRP is likely to be next in line after bitcoin and ether,” Long said.
Ironically, this comes as the Securities and Exchange Commission (SEC) is about to undergo a leadership change. The outgoing chairman Gary Gensler was notoriously hard on crypto, initiating legal action against several major companies in the space. This included Ripple Labs, which is still going back and forth in court. But with the pro-crypto environment being carved out by the Trump administration, including the appointment of a new pro-crypto SEC chair Paul Atkins, many believe that the relationship between the industry and the commission will improve.
All these sentiments have had an impact on the market as XRP hit $3.20 on January 15, 2025, which is a 7-year price high.
If this sentiment continues and XRP does have its legal issues with the SEC wrapped up, there is no telling what it can achieve in 2025 and beyond.
More ETFs to Come?
XRP has not even been announced to be getting an ETF but it is already reaping the benefits of the hype. It is not the only token that is seemingly in the running for an ETF. Solana, Dogecoin, and Cardano are other blockchain projects whose names have been mentioned in this conversation and it will be interesting to see how these unravel in the next year.
A more positive regulatory environment means that more projects might decide to strike while the iron is hot and in the next 4 years, spot crypto ETFs could become more of the norm. Plus, given that spot crypto ETFs have proven to be financially viable, more companies and investors in the capital market will be eager to get on board.