XRP Price Surge: Are ETF Updates Driving Momentum?

The latest round of spot XRP ETF filings by prominent asset managers has fueled speculation about the cryptocurrency’s future price. These updated S-1 amendments submitted on Friday signal ongoing dialogue with the SEC, suggesting a potential breakthrough for regulated access to XRP through ETFs. Notably, issuers are aligning their creation and redemption structures to include both XRP and cash options, potentially smoothing out market fluctuations and attracting institutional capital. While the SEC has yet to grant approval, this coordinated approach by issuers could indicate progress towards regulatory clarity.