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The post <a href="https://coinpedia.org/news/probability-of-xrp-etf-launching-before-eth-etf-market-insights-and-price-analysis/">Probability of XRP ETF Launching Before ETH ETF: Market Insights and Price Analysis</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the current speculation surrounding the potential launch of Ethereum ETFs, recent market insights by pro-market experts suggest that an XRP ETF might be launched before its Ethereum counterpart.&nbsp; 
Let’s delve into and analyze the evolving market dynamics behind the probability of an XRP ETF launch building up before an ETH ETF. 
<h2 class="wp-block-heading" id="h-market-sentiments-and-regulatory-outlook">Market Sentiments and Regulatory Outlook</h2> 
Amidst escalating discussions within the crypto community, Fox Business reporter Eleanor Terret has shared her insights from a fireside chat with Valkyrie Funds’ CIO.&nbsp; 
The chat sums up in two main points – “He believes <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> could be a security and the spot ETF will not get approved in May. He thinks it’s more likely a <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LTC</a> or <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> spot ETF gets approved…”&nbsp; 
Steven McClurg, CIO of Valkyrie Funds, emphasizes the likelihood of the SEC treating Ethereum as a security. Moreover, the investigation probe surrounding Ethereum is also complicating the prospects of a spot ETH ETF approval.&nbsp; 
<a href="https://x.com/EleanorTerrett/status/1772697245156069787?s=20">McClurg’s insights </a>underscore the growing speculation surrounding the regulatory fate of crypto ETFs, with XRP and Litecoin ETFs emerging as frontrunners in the approval race. 
<h2 class="wp-block-heading" id="h-price-action-analysis-xrp-and-ethereum">Price Action Analysis: XRP and Ethereum</h2> 
While the regulatory clarity remains uncertain for both XRP and ETH, one nearing the end of its lawsuit, and one probably in the investigation stages before a lawsuit, the price action of both XRP and Ethereum has provided additional insights into market sentiments.&nbsp; 
Ripple CEO’s comments demanding regulatory clarity needed for the potential launch of an <a href="https://x.com/bgarlinghouse/status/1760059170798149946?s=20">XRP ETF</a>, coupled with the market optimism surrounding XRPL suggest that people are interested in XRP’s ETF prospects.&nbsp; 
Conversely, Ethereum’s price dynamics have dived. The much anticipated Dencun update although, did push the Ethereum price to a new all-time high, but the coin has been facing a lot of volatility influenced by inquiries from US Congress members regarding Ethereum’s security status 
As Ethereum’s price hovers below $3,700, the unresolved regulatory questions add a layer of uncertainty to its market trajectory, contrasting with the positive market sentiment towards XRP.

Probability of XRP ETF Launching Before ETH ETF: Market Insights and Price Analysis

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