Ripple CEO Drops Bold XRP Prediction: Grayscale’s XRP Trust Set to Skyrocket? !XRP LATEST NEWS TODAY

looking forward to seeing you back on my coin sah Channel this post will go over some major crypto news that has happened recently which might provide the framework for xrp's future growth in a daring statement Ripple CEO Brad garlinghouse discusses grayscale participation in the company's recently established xrp trust simplifying it is possible a game changer might be this grayscale xrp trust remember this grayscale was the top digital Asset Management platform Only Yesterday the unexpected relaunch of the xrp trust may have been a stepping stone toward a future application for a spot ETF they accomplished the same thing by utilizing ethereum and Bitcoin important causes for them are driving this they hope to make money off of this initiative you know what the token is not a security and we're going to go ahead and list it and trade it Market giants like grayscale have said which might have massive ramifications for xrp holders and the whole cryptocurrency industry the fact that they don't know whether the SEC would appeal or keep the lawsuit going is another reason they aren't doing nothing what does that mean for the future of other people's behavior tell me what you think the impact of an appeal would be on the value of xrp could could we maybe have our status delisted I thought you said we wouldn't get a vote in future plans the outcome was displayed to you in a grayscale format the next step is for them to wait for judge Taurus's just and legitimate ruling no more than a commodity my friends xrp is that what happens next if this holds true grayscales ultimate goal of turning the xrp trust into a spot ETF lies at the heart of the matter in preparation for future releases grayscale is re-evaluating their belief in Bitcoin and ethereum the uneducated are losing out trust me when I say that they aren't Distributing them for fun since they intend to use these private monies in the future you should maintain tabs on them still things would shift drastically if the spot ETF and xrp were to join the regular Market that is absolutely ly astounding more money could be put into this asset as a result of this consider all the voices in the cryptocurrency world that have spoken ill of xrp that is correct they follow the rules the banks are their Associates its scalability compliance architecture and purpose-built nature would appeal to traditional investors the most significant new legal challenge to the sec's historic Crackdown Downs on xrp which have persisted for years is judge torres's ruling on the political front that is a divisive matter from what I can see the SEC has investigated this from every conceivable perspective there are days when everything is Peachy naturally the launch of any ETF would not be possible without the sec's approval therefore SEC must provide its approval regardless of whether there are requests or interest from institutions to introduce these items in the event that a case involving Ripple is ongoing basically the xrp ecosystem's most important participant could we expected to get the go ahead soon in the next round of investment approvals in 2025 xrp is likely to be among the permitted cryptocurrencies be sure to monitor the situation over here has the SEC filed an appeal or have they accepted that they have stolen everything valuable from this environment and that continuing down this path would only make things worse watching it develop will help us relax I really hope they won't try to get that unwavering decision reversed by appealing judge torres's ruling an item of unadulterated material XR we purchased precisely what we needed and arrived ready to go I am curious as to what obvious grayscales xrp can rely on not only is Ripple being felt but the whole Bitcoin industry is also paying close attention this trust this grayscale has solidified the viewpoints of all the major stakeholders about xrp and xrp has been a hot subject since the SEC lawsuit looking at the xrp ecosystem as a whole it is evident that it has room to expand and improve when it comes to potential and simplicity trust is Paramount this is how institutions perceive this asset that is where it really matters we are here taking it easy as we wait for the Federal Reserve to take action a reduction of 50 basis points is becoming more likely markets for all cryptocurrencies will be significantly impacted by the federal reserves fund money or quantitative easing along with other monetary policies full steam ahead schemes will drive cryptocurrency adoption this covers the two primary applications of cryptocurrency its practicality as a tool and its promise as a protection against inflation fiscal policy uncertainty and geopolitical dangers generally speaking very hot we are making progress be careful that is all the advice I can provide the distant Horizon deserves praise arrange everything in advance almost every facet of xrp has been enhanced in comparison to Ripples the last Bull Run both XR and P appear to be headed in the correct direction possible catalysts for XR piece impending meteoric rise include institutional interest from grayscale loosening regulation and the overall economic climate big cryptocurrency projects require use cases and sustainability to thrive after all we're again in a situation not too different from September 2020 in my perspective a huge run is likely not far off something different has transpired this time that exchange traded fund was a boon for Bitcoin and ethereum you have witnessed salana ascent and it has been nothing short of remarkable whatever the case may be there are many who believe the bull market is nearing its end beginning is still quite a ways off in the not too distant future this Marketplace will Sparkle like a Christmas tree plus I think the true Bull Run will start in the fourth quarter of this year so far we have not revealed anything to you do you think that an ETF will be in the future for trust xrp and grayscales is the country going to have access to an xrp spot ETF in 2025 do you anticipate the US launch of an exchange traded fund ETF for spot xrp when will the legal battles with ripple and is it even possible that we can get past this if xrp sets new records or the SEC decides to give up will they be satisfied with their 120 million we will I believe eventually figure out how to fix all these issues but it will be a long haul time is passing quickly now the presence of The Spectator here is really appreciated your support in the form of a subscription and views on my channel is greatly appreciated stay safe until then