According to Cas Abbé, the XRP/BTC trading pair has been consolidating for nearly seven years. With the conclusion of the SEC case and the anticipated launch of XRP spot ETFs, these developments could act as significant catalysts for a breakout in XRP's price action. Traders are monitoring this setup closely, as a breakout could lead to a strong rally in XRP similar to Q4 2024, potentially pushing XRP higher in the cryptocurrency market rankings. These trading signals are based on the long consolidation period and upcoming ETF news, making XRP/BTC a key pair to watch for momentum shifts (source: Cas Abbé).

According to Eleanor Terrett, the SEC has officially invited public comment on CBOE’s proposal to list the FTI_US $XRP spot ETF, following a prior delay to June 17. The deadline for comments and rebuttals extends to late July. This development introduces a new timeline for XRP ETF approval, which traders should closely monitor as approval or denial could significantly impact XRP price action and broader crypto ETF sentiment. Source: Eleanor Terrett on Twitter.

According to WallStreetBulls, the approval odds for an XRP Spot ETF have surged to 79%, indicating growing market confidence and potential for significant price movement in the near term (source: WallStreetBulls, May 4, 2025). This uptick in approval probability is likely to drive increased trading volumes and volatility in XRP as investors position themselves ahead of possible SEC decisions. Traders should closely monitor regulatory news and price action, as ETF-related developments have historically resulted in sharp market reactions.

According to Eleanor Terrett on Twitter, after consulting with ETF expert James Seyffart (@JSeyff), traders should note that all current dates for crypto ETP decisions are intermediate, with final approvals likely clustered in Q4 2025. Specifically for the XRP spot ETF, Seyffart highlights mid-October, around the 18th, as the key deadline for a final SEC decision. This timeline is critical for XRP traders and investors, as ETF approval or denial could significantly impact XRP market volatility and liquidity in the lead-up to and following the decision date (Source: Eleanor Terrett on Twitter, April 29, 2025).

According to Eleanor Terrett, the SEC has postponed its decision on Franklin Templeton’s proposed XRP spot ETF until June 17, as reported on sec.gov. This regulatory delay introduces continued uncertainty for XRP traders and investors, potentially affecting short-term price action and trading volume. Market participants are advised to monitor the June 17 deadline closely, as ETF approval or further delay could trigger significant volatility in XRP markets. Source: Eleanor Terrett Twitter, sec.gov.