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.

- Advertisement -

ETF Developments Fuel Price Rally

The price

Previous Articles:

- Advertisement -

Latest News

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns...

Iranian Hackers Launch AI-Driven Phishing Attacks on Israelis

An Iranian state-backed Hacking group targeted Israeli journalists, Cybersecurity professionals, and academics in a...

Nasdaq Integrates Canton Blockchain for 24/7 Collateral Management

Nasdaq has integrated blockchain technology from the Canton Network into its Calypso platform to...

Pepe Meme Coin Drops 4.7% as Investor Interest Fades Further

Pepe meme coin dropped 4.7% in value over the past 24 hours, trading at...

Must Read

What Is a Sim Swap Hack?

You've likely heard the term 'sim-swap,' but do you really know what it means? It's a type of fraud that's rapidly increasing, where scammers...