Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Ripple President Says 2025 Will Be a Big Year for Crypto, Predicts More Spot ETFs Will Be Launched – Here’s Why

Ripple President Says 2025 Will Be a Big Year for Crypto, Predicts More Spot ETFs Will Be Launched – Here’s Why

Daily HodlDaily Hodl2025/01/08 16:00
By:by Daily Hodl Staff

Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025.

Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year.

The Ripple president also says payments-focused altcoin XRP is “likely to be the next in line” in terms of ETF approvals.

Multiple ETF providers filed Form S-1 registration statements for XRP ETFs with the Securities and Exchange Commission (SEC) last year, including Bitwise Asset Management , 21Shares , Canary Capital and WisdomTree .

The SEC greenlit the first spot market Bitcoin ( BTC ) ETFs last January, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved  Ethereum ( ETH ) ETFs for trading in July.

Long predicts the approvals on those newer XRP filings will accelerate due to President-elect Donald Trump’s election victory and the upcoming change of leadership at the SEC.

XRP is trading at $2.36 at time of writing, a marginal increase in the last 24 hours.

The Ripple president also forecasts big things for the stablecoin market.

“The stablecoin market today is you know more than $150 billion for US dollar stablecoins, and it’s projected to grow to $3+ trillion over the next few years, so this is a market that is exploding.”

 

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix


Generated Image: Midjourney

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SEC Commissioner Slams Ripple Settlement as Legal Battle Nears End

A senior U.S. Securities and Exchange Commission (SEC) official has criticized a proposed settlement between the agency and Ripple Labs, potentially marking the final chapter of a years-long legal dispute over the XRP token.

DeFi Planet2025/05/10 04:55
SEC Commissioner Slams Ripple Settlement as Legal Battle Nears End

Zerebro Developer Reported Alive Days After Alleged On-Camera Suicide

The mysterious case of Zerebro’s 22-year-old developer, who appeared to shoot himself during a livestream on May 4, took a dramatic turn after he was reportedly seen alive outside his family home in San Francisco.

DeFi Planet2025/05/10 04:55
Zerebro Developer Reported Alive Days After Alleged On-Camera Suicide

AI DApps Surge in Activity, Poised to Rival Gaming and DeFi in Web3 Dominance

Artificial Intelligence-powered decentralized applications (DApps) are rapidly gaining ground in the Web3 ecosystem. They may soon challenge the dominance of Gaming and Decentralized Finance (DeFi), according to fresh insights from blockchain analytics firm DappRadar.

DeFi Planet2025/05/10 04:55
AI DApps Surge in Activity, Poised to Rival Gaming and DeFi in Web3 Dominance