This Flood of XRP ETF Deadlines Can Cause Price Explosion In July

Key Points

1. Crypto influencer Xaif noted that XRP may be entering a new phase due to the volume of ETF-related activity scheduled.

2. Spot XRP ETFs, which require direct acquisition of the asset, could create real buying pressure and influence market dynamics more directly than futures-based funds.

3. The SEC recently approved Grayscale’s conversion of its Digital Large Cap Fund, which includes XRP, into a spot ETF but delayed its launch.

4. The SEC has also delayed decisions on the Franklin Templeton spot XRP ETF, with a potential decision expected by September 9.

5. Canada recently launched its first spot XRP ETF, and upcoming ETF deadlines could act as a short-term catalyst for XRP's price.