XRP Resilience and Institutional Progress: 10T’s Tapiero Highlights Ripple’s Strength as SEC Approves ProShares XRP Futures ETF
XRP, developed by Ripple Labs, has demonstrated notable resilience over more than a decade, surviving intense regulatory scrutiny and legal challenges, most recently a major lawsuit from the U.S. SEC that resulted in XRP’s delisting from several U.S. exchanges. Despite these setbacks, XRP continues to maintain strong utility, an active user base, and relevant use cases particularly for cross-border payments. Dan Tapiero, CEO of 10T Holdings, praised XRP’s ability to weather industry volatility and commended Ripple’s strategic evolution into a broader blockchain conglomerate. He also recognized Ripple CEO Brad Garlinghouse’s influential role in U.S. policymaking and effective advocacy during challenging regulatory periods. The recent approval of the ProShares XRP Futures ETF by the SEC marks a major step forward for institutional adoption and the regulatory legitimacy of XRP in the U.S. finance sector. With institutional confidence rising and regulatory sentiment improving, crypto traders should closely monitor further ETF developments and U.S. policy trends, as these factors are now pivotal to assessing XRP’s short- and long-term price prospects.
Bullish
The SEC’s approval of the ProShares XRP Futures ETF signals growing regulatory acceptance and paves the way for greater institutional participation in XRP markets. This development, coupled with Ripple’s successful navigation of legal challenges and strategic corporate restructuring, is likely to enhance investor confidence and attract new capital inflows. Increased institutional involvement often leads to improved liquidity, price discovery, and stability for the underlying asset. Furthermore, continued advocacy and engagement with U.S. policymakers by Ripple’s leadership position the project to benefit from upcoming regulatory shifts. Historically, similar ETF approvals for other cryptocurrencies have resulted in significant price appreciation and bullish sentiment in the short to medium term. Therefore, in the context of these positive regulatory and institutional developments, the overall impact on XRP’s price outlook appears bullish for crypto traders.