Donald Trump will assume the presidential role on January 20, 2025. As he takes over the White House, it’s essential to remember how the regime that is about to govern a new era for the US is also a pro-crypto regime. Trump’s Bitcoin favoritism is globally renowned, and his collaboration alongside Musk has already started to make waves about how the cryptocurrency sector is heading toward its boom. With Wisdom Tree filing for an XRP ETF recently, Ripple may soon witness meteoric success, given the pro-crypto regime favors its ambitious flight.
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Ripple’s New Plans And Ambitions
Ripple is currently grabbing central headlines for several reasons. The fact that the token could soar up to hit the $1.40 mark speaks volumes about its unhinged stance and attitude. The token has managed to stay afloat while basking in the deepest layers of the bear market and has now emerged stronger than ever. Moreover, now that Gensler is gearing up to step down as the US SEC chair, XRP’s outlook towards the market is freer, pushing the token to score new price spots as per its discretion.
JUST IN: 🇺🇸 $100 billion asset manager Wisdom Tree registers in Delaware for spot $XRP ETF.
— Watcher.Guru (@WatcherGuru) November 25, 2024
While Gensler chaired the US SEC, XRP ETFs felt like a distant dream. Now that the new “pro-crypto” regime is taking over, chances are that this pre-existing narrative will change, welcoming a new era for holistic crypto ETFs. Recently, another market giant, Wisdom Tree, filed for an XRP ETF, taking the narrative to a new level. Till now, three major market entities, including Wisdom Tree, Canary, and Bitwise, have filed for an XRP ETF. The development is fueling hopes for a new era to take over the world.
In addition to this, Brad Garlinghouse’s rumors of meeting with president-elect Donald Trump is also sparking a new array of speculations, with XRP being at the center of it all.
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AI Predicts The Token’s Price If ETFs Are Approved By January 2025
Trump is all set to assume his presidential role on January 20, 2025. Soon after his inaugural ceremony, the regime will change, ushering in people bearing a pro-crypto attitude. At the same time, a new US SEC chair will be appointed, who may also have a supporting outlook towards the cryptocurrency domain. If that happens, chances are that these ETFs will finally receive their approval by that time. However, delays can also be prompted due to unforeseen market conditions.
Suppose this scenario plays out word by word. The AI platform predicts that XRP may skyrocket to touch $2 and $3. Similarly, if the ETFs perform well in the market, it may push XRP to hit the coveted $5 price level.
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