The rising buzz about Ripple (XRP) ETFs is getting pretty real as time passes by. Ripple is currently charting its own destiny, exploring new domains and horizons, be it the stablecoin arena or the ETF domain. XRP ETFs have long been a phenomenon, a creative force to reckon with in the cryptocurrency domain that investors and enthusiasts have long been waiting for. With the SEC approving ProShares Futures XRP ETF, the domain is now keenly awaiting a new surge, the possibility of the leadership approving XRP ETFs before the end of Q2. If this development gains steam, how high can XRP surge, banking on the aforementioned possibility? Let’s find out.

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XRP: What’s New?

MD Puts 100% Into XRP
Source: The Market Periodical

The US SEC has approved the highly anticipated ProShares Futures XRP ETF. This new feat is now being heralded as a new era for the cryptocurrency domain, enabling investors to explore new horizons, welcoming innovation in the process. On May 15, ProShares will be launching its highly anticipated XRP ETF, with analysts predicting a new wave of change to sweep over the sector.

However, the SEC is yet to approve the spot XRP ETFs. The approval of the ProShares Trust XRP ETF has, however, strengthened the morale of the market, with investors’ outlook more bolstered towards the XRP domain. This development has boosted the price of the token, which is currently sitting at $2.26.

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Price Of The Token If ETFs Get Approved Before The End Of Q2

Per ChatGPT, the token may surge to hit a $2.80 to $3.60 price within a week after the announcement of the ETFs going live hits the markets.

XRP STATS
Source: ChatGPT

Midterm targets include Ripple hitting $4.20 to $5.50 if the ETF momentum sustains for a credible period of time.

Long-term targets include Ripple eventually claiming the $8 price milestone, driven by popularity and demand quotient.

XRP STATS
Source: ChatGPT

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