XRP ETF Might Be a Reality in Jan 2025

Krutika Adani

Why is XRP Rising?

XRP has risen 45% in the last 7 days due to high retail and whale buying on speculations of ETF approval.

How Many XRP ETFs Are There?

Currently, there are four applicants for XRP ETF, including Canary Capital, Bitwise, VanEck, and 21Shares.

Fundamentally Strong

XRP has been fundamentally strong because of ODL markets, RWA market entry, cross-border payment business, and its latest RLUSD stablecoin.

Why Did XRP Gain 45% in a Week?

The price gain was a direct result of $6.5 billion XRP accumulated by whales.

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