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Ripple’s President Says 2025 Will Be a Big Year for Crypto and Predicts More Spot ETFs Will Be Launched – Here’s Why

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Credit : dailyhodl.com

Ripple President Monica Lengthy thinks extra crypto exchange-traded fund (ETF) approvals in 2025 will herald one other huge yr for digital belongings.

Lengthy predicts in a brand new interview with Bloomberg Crypto that “a number of crypto spot ETFs” will get a seal of approval within the US this yr.

The Ripple president additionally says that payments-focused altcoin XRP will “seemingly be subsequent in line” when it comes to ETF approvals.

A number of ETF suppliers filed Kind S-1 registration statements for XRP ETFs with the Securities and Change Fee (SEC) final yr, together with Bitwise Asset Administration, 21Shares, Canary Islands capital And WisdomTree.

The SEC greenlighted the primary Bitcoin (BTC) ETFs on the spot market final January, bringing in billions of {dollars} in inflows into the highest digital belongings by market cap. The regulator subsequently authorised Ethereum (ETH) ETFs for buying and selling in July.

Lengthy predicts that approvals for these newer XRP filings will speed up attributable to newly elected President Donald Trump’s election victory and the approaching management change on the SEC.

XRP is buying and selling at $2.36 on the time of writing, up marginally over the previous 24 hours.

The Ripple president additionally predicts huge issues for the stablecoin market.

“In in the present day’s stablecoin market, you already know over $150 billion value of stablecoins in US {dollars}, and it is anticipated to develop to $3+ trillion within the coming years, so it is a market that is exploding.”

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