XRP's Fortunes Brighten: SEC ETF Approval Likely by 2026
The outlook for XRP has brightened significantly, with experts predicting an 80% to 95% chance of the SEC approving an XRP ETF by 2026. This optimism is fuelled by potential institutional interest, including a possible BlackRock XRP ETF application, and the positive resolution of the Ripple-SEC legal dispute.
Despite the recent launch of the REX-Osprey XRP ETF having little impact on XRP's price, investors remain hopeful that spot XRP ETFs could provide a boost, mirroring the trajectory of Bitcoin ETFs. Market participants are eagerly anticipating another breakout for XRP and a new all-time high, potentially in 2026.
The SEC case against XRP concluded in August, with Ripple Labs paying a $125 million fine. Following this resolution, regulatory troubles for XRP and Ripple Labs are largely considered resolved. The approval of new XRP investment products by the SEC is now expected to be near-certain. Prediction markets currently give XRP a 32% chance of hitting $4 and a 17% chance of reaching $5 this year. Additionally, monetary easing from the Federal Reserve could potentially provide further impetus for XRP's price.
While institutional investor enthusiasm for XRP remains lower compared to Bitcoin, the prospects for XRP have improved significantly. With twice this year attempting to reach the $4 price level, peaking at $3.65 in July, investors are optimistic about XRP's potential in the coming years.
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