EddieJayonCrypto
20 Feb 25
XRP investors are optimistic after US President Donald Trump shared Ripple-related content on Truth Social. This coincides with the US Securities and Exchange Commission (SEC) acknowledging more applications for a spot XRP exchange-traded fund (ETF). Trump's posts sparked speculation about XRP's pot...
The XRP community is abuzz following US President Donald Trump's sharing of Ripple-related content on the social media platform Truth Social. This coincides with the US Securities and Exchange Commission (SEC) acknowledging more applications for a spot XRP exchange-traded fund (ETF).
Trump's posts on February 18 sparked speculation within the XRP community, with many interpreting them as a bullish signal for the digital asset's potential role in future US crypto policies. Some even suggested that the posts indicated a possible end to the asset's legal troubles. Since Trump's election victory in November, XRP has been a standout performer in the crypto market, leading many to believe that his administration could bring much-needed regulatory clarity, fostering greater adoption and institutional investment.
In addition to Trump's posts, the SEC formally acknowledged two more spot XRP ETF applications from Cboe BZX Exchange, which aims to list and trade ETFs from 21Shares and Bitwise. Bloomberg ETF analyst James Seyffart described the SEC's acknowledgment as expected, despite noting the significant hurdle presented by Ripple's legal battle with the SEC. While Ripple secured a partial victory regarding XRP's classification, the ongoing appeal introduces uncertainty. However, recent developments suggest the regulator might move to pause its lawsuit, similar to its case against Binance.
Furthermore, data from Polymarket indicates a 78% probability that an XRP ETF will be approved by 2025, signaling strong investor sentiment toward the asset's future.