The post XRP ETF Approval Could Trigger Massive Supply Shock appeared first on Coinpedia Fintech News
The crypto market is recovering from last week’s violent flash crash that wiped out nearly $2 trillion in total market capitalization within hours. XRP Price plunged nearly 10% in the past 24 hrs. However, the institutional interest and whale accumulation intensify ahead of a potential spot XRP ETF approval.
The race for a spot XRP ETF Approval is heating up, and analysts warn it could cause a massive XRP supply shock once approvals go through.
Multiple issuers, including Bitwise, 21Shares, and Canary Capital, have filed or updated their spot XRP ETF applications with the U.S. SEC, signaling growing institutional interest in the XRP ecosystem. Under the SEC’s new fast-track ETF rule, approvals could arrive within 60 to 75 days, instead of the old 240-day cycle, meaning a decision could come before the end of 2025.
Unlike futures ETFs that settle in cash, a spot XRP ETF
We współpracy z: https://coinpedia.org/news/xrp-etf-approval-could-trigger-massive-supply-shock/
