SEC Moves on XRP ETFs—Could Price Hit $6?

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Traders turn hopeful as the SEC acknowledgment of 3 spot XRP ETF filings is perceived as a positive step forward.

XRP price has rallied more than 15% since closing at $2.32 on Feb. 6, following the crypto market’s drawdown. While most altcoins have struggled to establish a recovery, XRP’s weekly chart has received plaudits for a bullish outlook.

SEC goes on a spot XRP ETF acknowledgment spree

The recent bullish activity around XRP can be associated with its ETF news, with the SEC acknowledging another spot ETF filing submitted by CoinShares via Nasdaq.

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