No need to primp your feathers just yet, but rumor has it that Grayscale’s XRP ETF filing has caught the SEC’s eye! Just imagine the possibilities if this altcoin takes flight – why, we could see it soaring to the glamorous heights of $3!
Of course, one mustn’t count one’s chickens before they hatch. Grayscale’s XRP Trust, currently managing $12.8M in assets, aims to transform into a Spot ETF. But, darling, the SEC may take its sweet time – up to 240 days – to give the green light.
Now, let’s not forget the ongoing legal spat between Ripple and the SEC. However, the acceptance of Grayscale’s filing has raised eyebrows, and some believe it’s a ‘enormous message’ – or merely a whisper of open-mindedness from the regulator.
Still, the anticipation is palpable, with Polymarket’s approval odds for an XRP ETF in 2025 skyrocketing to 80% recently. And, my dear, XRP has already strutted its stuff with a 15% increase in just three days!
Will XRP reclaim its throne and reach the giddy heights of $3? Only time will tell, but the anticipation is almost too much to bear!
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2025-02-15 09:13