Bitcoin and XRP Surge with Institutional Backing, Spot ETF Applications Fuel Gains

Bitcoin and XRP saw significant price increases on April 2025 driven by rising institutional interest, particularly in the potential launch of spot Exchange-Traded Funds (ETFs). Notably, asset management firm Franklin Templeton’s application for a spot XRP ETF is driving this movement. This surge reflects growing institutional engagement with cryptocurrencies, fueling market optimism and potentially reshaping investment strategies amidst ongoing regulatory discussions. 2021 and 2024 saw similar price rallies triggered by major institutional inflows and regulatory approvals, indicating the potential for further growth.