Ripple’s community has been buzzing since US President Donald Trump shared Ripple content via the social media platform Truth Social.
The announcement comes as institutional interest is increasing in the digital currency, particularly with the US Securities and Exchange Commission’s (SEC) formal acceptance of more requests for a spot XRP Exchange-Traded Fund (ETF).
Trump’s Ripple posts spark speculations
Trump posted two XRP articles to Truth Social on February 18, which praised him and sparked discussions in the crypto community.
The articles highlighted comments from Ripple CEO Brad Garlinghouse, who noted increased hiring and business opportunities in the US following Trump’s election victory in November.
On social media platform X, XRP community members quickly interpreted Trump’s posts as a bullish signal. Many speculated that the digital asset could play a key role in future US crypto policies, with some even suggesting that the post indicated that the asset’s legal trouble might be ending.
Since Trump’s electoral win, XRP has been among the crypto market’s standout performers. Many analysts and traders believe that his administration can bring regulatory clarity to the crypto market, which could lead to greater institutional investment and adoption.
SEC accepts XRP ETF
The SEC has officially acknowledged the SEC’s acceptance of two additional spot XRP-based ETF applications by Cboe BZX Exchange. This exchange aims to trade and list ETFs offered by 21Shares, Bitwise, and other companies.
Bloomberg ETF analyst James Seyffart described the SEC’s acknowledgment as expected.
However, he previously estimated a 65% chance of an XRP ETF approval this year, noting that Ripple’s legal battle with the SEC remains a significant hurdle.
While Ripple secured a partial victory regarding XRP’s classification, the ongoing appeal creates uncertainty. The regulator could pause the lawsuit, as they did with Binance’s case.
Meanwhile, crypto bettors have increasing confidence in the SEC’s approval of this financial product. Data from Polymarket indicates a 78% probability that an XRP ETF will be approved by 2025, reflecting strong investor sentiment toward the asset’s future.
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