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May 8, 2025

Expert Insight: No XRP ETFs Approved as Market Continues to Climb

Despite recent gains in the crypto market, with XRP trading at $2.21 and a 2.8% increase in the last 24 hours, an expert clarifies that no new XRP ETFs were approved on May 7. Ripple continues to make headlines, particularly due to its ongoing efforts to acquire Circle. This clarity around the ETF situation sheds light on the current market dynamics that influence XRP trading. Investors are keen to understand how regulatory developments will impact XRP’s future, especially as Ripple looks to expand its influence in the cryptocurrency ecosystem. The market’s positive momentum highlights the demand for clarity and confidence among investors.

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