No XRP ETFs Were Approved on May 7, Expert Clarifies

The post No XRP ETFs Were Approved on May 7, Expert Clarifies appeared first on Coinpedia Fintech News

As the crypto market trades in the green with gains across the board, XRP is also climbing, currently at $2.21, up 2.8% in the past 24 hours. Ripple has been making headlines, and the latest one was because of its bid to acquire Circle. ETF talks have also taken center stage, and analysts have raised the chance of a spot XRP ETF being approved in 2025 to 85%,

There were speculations that Tuttle Capital’s 2x LONG XRP ETF went live on May 7. However, crypto influencer John Squire quickly cleared the air. He shared a copy of the SEC filing, which shows that the proposed effective date is May 21, 2025.