- Donald Trump’s pro-crypto stance could lead to the approval of XRP ETFs after he assumes presidency in January 2025.
- If XRP ETFs are approved by January or February 2025, AI predicts that the price of XRP could surge to $2-$3, and potentially even $5 if the ETFs perform well.
- The departure of Gary Gensler as SEC chair and the appointment of a new pro-crypto regime could pave the way for the approval of XRP ETFs.
Recently, there has been a lot of buzz around Ripple receiving approval from the SEC for XRP exchange-traded funds (ETFs). With the change in administration and a more crypto-friendly SEC chair expected, what could this mean for XRP’s price if ETFs get approved by early 2025? Let’s explore.
Ripple’s Ambitions and Developments
Ripple has been making headlines for its resilience during the crypto winter and its ambitious outlook as regulatory hurdles start clearing up. With Gary Gensler stepping down as SEC chair, Ripple now has more room to spread its wings.
Major financial institutions like Wisdom Tree, Canary, and Bitwise have all filed for XRP ETFs lately. This has fueled hopes of a new pro-crypto era that welcomes such products. Rumors of Ripple CEO meeting with President Trump have added to the excitement.
Price Predictions If ETFs Are Approved By January 2025
The new presidential regime beginning January 2025 is expected to have a friendlier stance towards crypto. The incoming SEC chair may also share this view. If XRP ETFs get approved around that timeline, AI estimates project the price reaching $2-5.
The $5 mark is possible if the ETFs gain strong traction after launch. However, delays due to unanticipated regulatory hurdles can’t be ruled out either.
Conclusion
If Ripple manages to get SEC approval for XRP ETFs by early 2025, the price could realistically surge to $2-5. However, the actual price movement will depend on many factors like ETF performance, overall crypto sentiment, and more. Either way, exciting times seem to be ahead for XRP investors.
