News

If you don’t have this cryptocurrency, your portfolio is incomplete

BY Marek Jendral
XRP as a profitable investment

XRP is gaining momentum in global financial markets after Bitcoin News reported sharply increasing chances for spot ETF approval. According to data from Polymarket, the probability of success rose by September 9 to 93%, up from 66% in August. This shift indicates that investors are increasingly confident in regulatory progress and the real potential for expanding the market with a new product.

XRP ETF gains support from analysts

Nate Geraci, president of Novadius Wealth Management, stated that “he personally thinks the odds are closer to 100%,” highlighting that investor demand for a XRP ETF is still underestimated. Similar views are shared by James Seyffart and Eric Balchunas from Bloomberg, who maintain their estimates at 95%.

This optimism is not accidental. Asset managers like Canary, CoinShares, Franklin, and Bitwise have recently submitted amendments to their applications to reflect SEC feedback. Such adjustments are considered a common signal that the process is entering its final stage. Additionally, exchanges are negotiating with regulators on standards for listing crypto ETFs, reinforcing expectations that the first approvals could come soon.

  • SEC delays approval: According to Yellow, the SEC announced further delays in the approval process for crypto ETFs until October 8, 2025. For products focused on XRP, the dates range from October 18 to 23 – including Grayscale XRP Trust (October 18), 21Shares Core XRP ETF (October 19), and CoinShares XRP ETF and Canary XRP Trust (October 23).

Buy XRP on Binance

New milestone for cryptocurrencies

The SEC has already approved spot Bitcoin and Ethereum ETFs, paving the way for additional cryptocurrencies. If approved, an XRP ETF would represent a significant step toward broader adoption of digital assets among institutional investors. Ripple CEO Brad Garlinghouse called this product “essential”, reflecting the belief that the market is ready for the next advancement.

According to CoinMarketCap, XRP is the 3rd largest cryptocurrency in the world with a market capitalization of approximately $176.5 billion, securing a significant market position. Data from TradingView shows the current XRP price around $2.96. The cryptocurrency recently reached a new all-time high of $3.66, confirming its growing strength and investor interest in global financial markets.

XRP price growth
XRP price growth. Source: tradingview.com

If the trend continues, 2025 could become a historic turning point, when crypto ETFs gain a solid place in the portfolios of both traditional and institutional investors. For the market, this could mean increased liquidity, greater transparency, and a stronger position for cryptocurrencies in the regulated financial world.

Get 100 $ bonus on Binance

Marek Jendral

Written by

Marek Jendral