XRP ETF Approval Imminent: SEC’s Final Nod Could Send XRP to $5

The debut of the first leveraged ETF for XRP in the United States is a turning point for cryptocurrency markets, heightened by the recent SEC determination not to pursue its lawsuit against Ripple, which expedites institutional usage. Prediction markets an 87% chance of a spot ETF approval by 2025. Now, every central asset manager such as Grayscale, Bitwise, or Franklin Templeton is racing to roll out the regulated securities connected to XRP. Most recently, one even looks back, it was motivated by the settlement of $50 million between Ripple and the SEC, which puts to rest years-long uncertainty of legal definition with possible speculated future price action on the back of the growing institutional demand. 

Ripple’s XRP ETF Gains Momentum Amid SEC Approval Speculation

The U.S. Securities and Exchange Commission (SEC) is nearing approval of a spot XRP ETF, much to the rising enthusiasm of investors and industry insiders. Ripple’s much-talked settlement with the SEC, which has to do with the classification of XRP as a security that would close their years-long legal battle, opens up considerable heads of access to regulatory clearance yet again. To further add to the excitement, Teucrium Investment Advisors has launched the first leveraged ETF, the Teucrium 2x Long Daily on NYSE Arca today. Polymarket now estimates an 87% probability for a spot XRP ETF being approved in 2025, reflecting a growing faith regarding the progressive steps taken on the regulatory front under a pro-crypto Trump administration.

Ripple CEO Brad Garlinghouse still feels optimistic that a handful of such ETFs will be approved by late 2025. Yet, the market is still dampened by macroeconomic headwinds, and most stocks are being left in question about institutional demand for crypto ETFs. As the SEC will analyze applications and hold important meetings this month, the clock keeps ticking toward potential turns in cryptocurrency investments thanks to ICE ETFs in the coming months.

XRP Price Analysis of the Last 24 Hours

The trading session of XRP begins with a downward momentum. The downtrend proceeded after a failed breakout at the $2.08 resistance level and $1.61 support level. XRP/USDT, hovering around this lower demand zone. Even though the RSI was previously oversold and its correction, depicting a shift from overbought to neutral conditions that would give further credence to the bearish pressure. 

Chart 1, analysed by anushrivarshney2613, published on TradingView, April 8, 2025

The MACD exhibits a death cross at 21:05 UTC, confirming negative market momentum. Previous golden crosses at 07:05 UTC and 13:45 UTC on the MACD, which were supported by oversold RSI levels, have led to significant price rallies. Unless there is a directional reversal back into the $2.12 region, things will look bearish for downward targets of $1.60. 

XRP ETFs and SEC Approvals: Shaping Future Trajectory

XRP price will depend on how regulatory acceptance goes, as well as the role it plays in giant institutional involvement and market sentiment. Following the decision of not appealing by the SEC against Ripple and improvements concerning the first leveraged NFT ETF on XRP, there is huge optimism about expected spot ETF approvals to be realized in 2025.

According to prediction markets, it was reflected with an 87% probability. Many analysts, including Egrag Crypto, expect very bullish price scenarios like a potential rise of XRP value between $10 and $17 by mid-2025 if the technical patterns play along. It has made even more fundamental institutional interest, with Grayscale and Franklin Templeton racing to launch their XRP ETF, which can unlock significant liquidity levels. 

The post XRP ETF Approval Imminent: SEC’s Final Nod Could Send XRP to $5 appeared first on Coinfomania.