The post Ripple President says spot $XRP ETF “is likely to be next in line after Bitcoin and Ether” appeared on BitcoinEthereumNews.com.

Ripple President Monica Long mentioned in a January 7 interview on Bloomberg TV that the crypto market might receive more crypto spot ETF approvals in 2025. Long suggested that President Donald Trump and his pro-crypto administration would introduce more crypto-friendly regulations to support ETFs sooner.  The Ripple president also speculated that an XRP spot ETF might be the next ETF approved into the digital asset investment products markets after Bitcoin and Ether. Long also mentioned the notable XRP spot ETF filings by asset management companies, such as Canary Capital and Bitwise. She believes that Trump’s administration might accelerate the approval of the filings.  Bitwise was the first company to announce an S-1 filing for an XRP spot ETF with the U.S. Securities and Exchange Commission in October. The Bitwise CEO Hunter Horsley commented on the step, pointing out XRP’s endurance in the markets. Canary Capital filed for the ETF’s registration on October 8, while 21Shares filed for the ETF on November 1. The predictions market, Polymarket, revealed statistics suggesting that there was a 71% chance of XRP spot ETFs being approved in 2025. The poll, posted on December 31, received a 20% higher vote on the topic than the poll put out at the beginning of December last year. Another poll of the predictions market betting on whether the XRP ETFs would be approved by July 31, 2025, received a 50% ‘Yes’ vote.  XRP price boost leads to more XRP ETF approval rumors XRP keeps crushing it lately ⚡ One bullish update after another flooding my feed. Let’s break it all down and connect the dots—so you get a clear picture of how fast things are moving. Ready?👇 — Nic (@nicrypto) January 8, 2025 CoinBureau’s CEO and co-founder Nic Puckrin tweeted about XRP’s positive performance since Trump’s win in the…

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Filed under: News - @ January 8, 2025 6:24 pm