A stream of positive news is continuously emerging for XRP Coin.
As the price hovered above $2.20 during the writing of this article, it signals a bullish trend. Ripple 
$ 2 (XRP) is among the largest altcoins by market capitalization, facing few competitors, and has maintained a strong relationship with the Trump administration due to generous donations. It is likely that XRP will continue to attract more favorable news. So, what is the SEC‘s decision?
XRP Coin and SEC Approval
The U.S. SEC has addressed applications made by ProShares Trust. The regulatory body has approved multiple XRP Coin-themed futures ETFs, impacting the price positively. Although approval for spot ETFs has yet to be determined, a positive response is anticipated before the end of this year. Additionally, on May 19, CME will list XRP Coin, allowing it to enter options markets following BTC, ETH, and SOL Coin. 
Among the approved products are ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. As suggested by their names, these products will provide opportunities for traders to take both long and short positions in regulated markets. This also indicates that we are approaching days where news about the market entering X amounts of long or short XRP Coin products will drive price movements.
The Future of XRP Coin
Currently, many spot XRP Coin ETFs are awaiting approval decisions. After several delays, a final decision is expected by November 2025. Meanwhile, Ripple has acquired Hidden Road for $1.25 billion, enabling it to grow its credit network and blockchain-based services significantly.
On another note, the size of RLUSD, which stood at $293 million, has now approached $319 million as this article was being prepared. An impressive trading volume of around $25 million has been recorded, which is noteworthy even for a Sunday in the market.
As CME prepares for options listing, the launch of futures ETFs will follow shortly thereafter. The lawsuit has concluded, and Ripple is planning an initial public offering amidst a general market recovery. Trump has expressed his desire to make the country a cryptocurrency capital, and Ripple stands out as one of the largest companies capable of providing services to banks in this domain. We can assert that circumstances have never been more favorable for XRP.
