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New Key Date for XRP Holders Revealed
As the market continues to navigate the uncharted territory of pending regulatory filings and ETF approvals, a crucial new date has emerged for Ripple’s supporters. Despite a plethora of uncertainty surrounding Franklin Tempeton’s filing, insiders claim that this will not impact the overall timeline.
According to reliable sources within the cryptocurrency space, there are more than a dozen pending filings currently under review by regulatory bodies, including but not limited to Franklin Tempeton’s submission. This influx has led some analysts to speculate on potential market volatility in the coming weeks and months.
Meanwhile, Nate Geraci, an influential analyst, has taken to social media platforms to express his confidence that the US Securities and Exchange Commission (SEC) will ultimately approve a spot XRP ETF. His starkly-worded prediction: “I simply don’t see this SEC not approving a spot XRP ETF. And sooner rather than later.”
With Kaiko’s recent data indicating that Ripple has surpassed Solana in terms of market depth, there is growing optimism surrounding the chances of an ETF approval. The successful launch of Teucrium’s leveraged XRP ETF has only added fuel to this fire.
For those holding their breath for a spot XRP ETF, a new key date has emerged: April 16th. This critical juncture marks the deadline for all pending filings to be reviewed and either approved or rejected by regulatory authorities.
As we await the outcome of these developments, the cryptocurrency community remains abuzz with anticipation regarding Ripple’s prospects in the ETF space.
Source: https://u.today/new-key-date-for-xrp-holders-revealed
