The possibility of the US Securities and Stock Exchange Commission (SEC) to approve a XRP -based stock exchange investment fund (ETF) has recently attracted great attention among crypto currency investors. Ripple $2.46The fact that the SEC has achieved a significant success in the legal struggle for years has increased the confidence of investor for the XRP. This development caused the expectations of the XRP ETF to increase significantly. Analysts and market commentators evaluate that XRP can take more place in corporate investor portfolios. Technical analysis and market data support this possibility. In particular, the potential interest of institutional actors is seen as one of the main factors that may affect the direction of the process.
The case process with SEC increased confidence
Ripple’s case against SEC caused the change of perception of XRP. The legal uncertainty, which has lasted for years, has disappeared to a great extent with the decisions of the court in July. This was interpreted that a new era could begin in both individual and corporate investors.
The fall of the majority of the charges against Ripple made XRP become a more “clean” being in regulatory terms. This brought about the expectation that the ETF approval process could progress more transparent and faster. According to the asset management company Gerraci’s assessment, Ripple’s leaving behind its past legal problems has enabled XRP to be taken more seriously as a corporate product.
Market Observers, SEC’s Bitcoin before $88,271.04 He states that a similar process may be experienced for XRP by giving approval to their ETFs. According to Polymarket data, 87 %of investors believe that XRP ETF approval will be realized in the near future.
Corporate interest and market signals
Not only legal developments in increasing expectations of XRP ETF, but also the potential interest of institutional actors. The possibility of giant investment organizations such as Blackrock and Fidelity to turn to XRP -based products fuel the excitement in the market. The moves of these institutions create a great confidence in the presence of investors.
In addition, technical analyzes indicate that positive signals increase in XRP prices. Experienced analyst Peter Brandt points out that XRP has some technical patterns that support the rise in the price graph. Fund managers such as Bitwise evaluate that XRP can reach significant levels in the medium and long term.
All these developments reinforce the likelihood that XRP is more preferred not only by individual but also by corporate investors. Market commentators, ETF approval process and technical indicators together, investors can make healthier decisions, he says.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.