A sign of Spot ETF approval soon?

One of the expert predicted that the first XRP approval at all Futures The Trading Box (ETF) will pave the way for ETF points. He believes this can direct $ 100 billion to XRP (XRP).

This prediction comes after the US Securities and Stock Exchange Committee (SEC) approved Proshares’ XRP FUTURES ETF.

Approved xrp Futures ETF: Is the Next Spot ETF?

According to the official presentationProshaares will launch three tropical boxes based on futures: ETF Ultra XRP, short ETF XRP, and short ETF XRP. This trading will start on April 30. This development follows the launch TEUCRIUM 2X Long Daily XRP ETF In early April.

While the ETF spot is not, Approval raised optimism between XRP investors. Industry expert Armando Bandukha expects that this step can lead to a large capital flow to Altcoin.

“The Spot XRP ETF can be the following, open real demand and send prices rise. It can pass $ 100 billion+ to XRP,”, ” books.

Pantoja emphasized that the approval represents an important turning point for the encrypted currency, because it now attracts great Attention from Wall Street and institutional investors. Through this step, XRP acquires an organized and accessible means for the main financial players to interact with the original.

This development expands the investor base in XRP. Moreover, it confirms its prevailing legitimacy, as it put it in what he called the “elite elite” of the financial assets.

The analyst also drew the similarities between XRP and paths Bitcoin (BTC) and ETHEREUM (ETH). He pointed out that future investment funds were approved first for both encrypted currencies, followed by the circulating investment funds.

For example, the ETF Bitcoin Stain was approved in 2024, three years after the Bitcoin Future Future Pitcoin launch in 2021. Now, XRP seems to follow the same path.

Bandukha expects that A. The XRP ETF spot can have a major impact In the market. Since institutional investors get more access to the original, this is likely to increase the purchase pressure. In addition, you can put an increase in demand and tighten the supply A stage for a dramatic rise in the price of XRP.

“Etf Futures = First Domino. Spot Etf = Point of Transformation. Long -term XRP setting has become stronger, Pantoja Note.

However, another analyst reduced expectations. He stressed that although the future approval of ETF is definitely important, it is not the change of the game that many may expect.

“It is not the silver bullet that will lead to collective adoption or tremendous price action. The real catalyst will come when Spot XRP ETF is approved. Real symbols. to publish.

Unlike Spot ETF, which buys and holds the actual distinctive symbol, which creates a real demand in the market, ETF futures only allow investors to speculate On the price without buying the basic asset.

This discrimination means that although future ETF can increase recognition within traditional financing, it does not directly affect XRP supplies or creates immediate purchase pressure.

The analyst is highlighted that the product also comes with noticeable defects. One of the main issues is that it can lead to a greater price Volatility.

Moreover, the future investment funds often carry hidden costs, such as scrolling operations (contract renewal process at the end of their validity), sliding (The difference between the expected price and the actual price of trade), Administrative fees, which can add efficiency And reduce the total revenues of investors.

It should be noted Many XRP ETF apps are currently waiting for SEC approval. The organizer faces critical final dates Grayscale XRP Trust and 21shares Core XRP Trust ETFS, with decisions due in October.

While the United States decides, other countries have taken the initiative. Beincrypto mentioned it Hashdex launched the first XRP ETF in Brazil last week. More importantly, confidence in a similar development occurs in the United States is still high.

On Polymark, prediction platform, XRP ETF approval in 2025 Stand In 76 %. Meanwhile, the enthusiasm of the XRP market is also reflected in its price.

The value of the currency was estimated at 9.4 % during the past week. In fact, her recovery pushed her to the altitudes that were last seen in late March. At the time of writing this report, the XRP trading price was $ 2.3, represented Daily gains by 7.3 %.