XRP Hits 3-Year High at $1.67 as ETF Speculation and SEC Changes Fuel Rally

Ripple's Token Hits Highest Level Since 2021 Amid Growing Investor Optimism Over Potential Exchange-Traded Fund

  • XRP price reached $1.67, its highest level since May 2021, with a 13.8% daily increase
  • WisdomTree filed for an XRP ETF in Delaware, marking the first step toward potential approval
  • Ripple announced investment in the rebranded Bitwise Physical XRP ETP in Europe
  • U.S. Bitcoin and Ethereum ETFs currently manage $107.14 billion and $10.74 billion in assets respectively
  • Market Optimism grows amid potential SEC leadership changes and improving regulatory clarity

XRP Hits Three-Year High Amid ETF Speculation

XRP’s price surged to $1.67 on Friday morning, reaching its highest point since May 2021, according to CoinGecko data. The digital asset settled at $1.66, marking a 13.8% increase over 24 hours and a 12.8% rise over the past week.

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ETF Developments Fuel Price Rally

The price

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