Altcoin
Dogecoin, XRP ETFs Could Hit The Market In 2025 As SEC Admits Grayscale’s Filings
In a rather surprising move, the United States (US) Security and Exchange Commission (SEC) has officially acknowledged Grayscale Investment’s filings to convert its XRP and Dogecoin Trusts into Exchange Traded Funds (ETFs). This decision by the SEC signals a potential shift in the regulatory landscape for crypto investment products, possibly opening access to both Spot Dogecoin and XRP ETFs in the crypto market by 2025.
SEC Acknowledges Grayscale’s Dogecoin And XRP ETFs Filings
On Thursday, the US SEC published a regulatory notice seeking public comments regarding the proposed rule changes necessary to list Grayscale’s XRT Trust and Dogecoin Trust under the NYSE Arca Rule 8.201-E. This formal acknowledgment triggers a review period with a mandated 240-day deadline for the agency to approve or reject the ETF applications. This 240-day timeline would officially begin once Grayscale’s ETF filings are presented to the US SEC’s Federal register.
The regulator has officially recognized Grayscale’s XRP and Dogecoin ETF filings, signaling a significant shift in crypto ETF products. Currently, only Bitcoin and Ethereum ETFs have been formally accepted and released into the market. However, with the SEC’s recent acknowledgment of Grayscale’s ETF filings, there is a possibility that more crypto ETFs will enter the market.
Notably, James Seyffart, a Bloomberg Analyst, shared his expectations for the SEC accepting a Dogecoin and XRP ETF in an X social media post on February 10. Seyffart accurately predicted that the SEC will acknowledge both Dogecoin and XRP ETF filings this week. He also highlighted that if the filings proceed as expected, a decision from the SEC could be reached by 17 October 2025, which represents the official deadline date to approve or decline the filings.
Should the regulator give the green light and approve the XRP and Dogecoin ETF filings, both products could be launched before the end of 2025. Seyffart has also shared a chart highlighting the odds of various crypto ETFs being launched. He indicated that the final barrier to approving a crypto ETF would be its security status per the SEC’s standards.
Chances Of A Dogecoin And XRP ETF In 2025
For XRP, Seyffart revealed that the SEC currently does not see it as a security despite its over-three-year-long lawsuit alleging that Ripple sold XRP as unregistered securities. Due to its no security status, the Bloomberg analyst suggests that the XRP ETF has a 65% chance of being launched.
Interestingly, DOGE has a higher chance of gaining an ETF in 2025. The Bloomberg analyst revealed that the US SEC might classify Dogecoin as a security, possibly due to its meme coin status. Regardless, the analyst estimates a 75% chance for a Dogecoin ETF to debut in the market.
Although the SEC has acknowledged Grayscale’s DOGE and XRP ETF filings, this does not imply official approval. However, it does indicate that the regulator is being more open-minded and not outrightly rejecting the applications.
Featured image from Medium, chart from Tradingview.com
Crypto analyst Egrag Crypto has again provided a bullish outlook for the XRP price. This time, he alluded to historical trends to explain why the altcoin can hit a new all-time high (ATH) in 90 to 120 days.
Why The XRP Price Can Hit ATH In 90 To 120 Days
In an X post, Egrag Crypto alluded to historical patterns to explain why the XRP price can hit a new ATH in the next 90 to 120 days. He noted that the RSI chart shows important historical patterns and stated that the altcoin usually has two peaks during its bull runs.
The crypto analyst further revealed that in 2021, the second peak occurred after 90 days, while in 2017, it occurred after 120 days. Based on this, Egrag Crypto affirmed that this historical timeframe provides market participants with a potential for a “great opportunity,” hinting at the altcoin hitting a new ATH.
In another post, he raised the possibility of the XRP price reaching a new ATH of $3.9 by May. This came as he identified an Inverse Head and Shoulder pattern, which was forming for the altcoin. The crypto analyst stated that the measured move is $3.7 to $3.9.
For now, an XRP analysis has shown that the altcoin is struggling at $2.15 amid regulatory uncertainty over SEC Chair nominee Paul Atkins. In his update on this Inverse Head and Shoulder pattern, Egrag Crypto remarked that a close above $2.24, the Fib 0.888, is the next minor target. He affirmed that the pattern is still unfolding as anticipated.
Ripple’s Native Token Could Still Drop Below $2
Crypto analyst Dark Defender has predicted that the XRP price could still drop below $2 before the next leg up. In an X post, he stated that Ripple’s native token is in the 4th Wave of the Monthly Elliott Wave structure.
His accompanying chart showed that XRP could drop to as low as $1.88 on this Wave 4 corrective move. Once that is done, the altcoin will witness its next leg up, rallying to as high as $5.8, which would mark a new ATH.
Dark Defender assured that Wave 4 will end soon and that XRP will continue to reach its targets. The crypto analyst recently affirmed that the altcoin is the “one” and explained why it would dominate Bitcoin and Ethereum.
Crypto analyst CasiTrades also suggested that XRP could further decline before its next leg to the upside. She noted that after the drop to $2.27, the altcoin showed no bullish RSI divergence, which signaled that the drop wasn’t quite done yet.
She added that the coin is now likely heading down to test the 0.618 golden retracement at $2.17, or possibly the golden pocket at $2.15 for a final low before “lift-off.” However, CasiTrades also mentioned that RSI is starting to build the bullish divergence and that the selling pressure is exhausting.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Gemini, the crypto exchange founded by the Winklevoss twins, is promoting its previously launched XRP cashback program, which offers crypto rewards to users. This initiative allows eligible participants to earn rewards on their XRP transactions. Here’s a look at the program details and the steps required to join.
Gemini Founder Unveils XRP Cashback Rewards
On March 27, Tyler Winklevoss reminded the XRP community and Ripple army on X (formerly Twitter) that they can earn rewards in the token whenever they use the Gemini Credit Card for purchases. The Gemini credit card, launched in partnership with Mastercard in 2021, allows users to choose cryptocurrencies from Bitcoin, Ethereum, XRP, and over 50 other digital assets for cashback.
Since adding XRP to its long portfolio of crypto cashback offerings in August 2023, Gemini has continued to support the third-largest cryptocurrency as an option for crypto enthusiasts. The Credit Card reward information announced by Winklevoss was well received by the XRP community.
He explained that the Gemini Credit Card allows users to earn crypto back each time they spend fiat. He clarified that this feature is only available to residents in the United States (US) currently. The Gemini founder also revealed that he has been using the Credit Card for years and has had a great experience accumulating significant crypto rewards from the cashback program.
Gemini’s Credit Card offers tiered cashback rates depending on the purchase categories. A 4% XRP cashback is offered on gas and EV charging, with up to $200 monthly. A 1% XRP cashback is available for fuel and EV charging after exceeding the monthly limit. Finally, a 3%, 2%, and 1% XRP cashback is provided for dining, groceries, and other purchases, respectively.
As XRP continues to push for widespread adoption, this Gemini cashback reward program strengthens its utility and encourages greater usability and investments.
Notably, Gemini isn’t the only crypto exchange embracing XRP in its rewards programs. Platforms like WhiteBIT and Bit2Me have also introduced similar programs. By offering an XRP cashback, Gemini and other crypto exchanges can make crypto more accessible, encourage faster adoption, and reinforce XRP’s role as a digital payment solution.
How To Participate In Gemini’s XRP Cashback
Gemini has specified that users interested in earning XRP rewards from Gemini’s cashback program must first qualify for the exchange’s Credit Card, which depends on their credit score. Approved applicants must secure their cards by June 30, 2025, to participate in the promotional offer.
The crypto exchange also stated that new cardholders could earn up to $200 in XRP cashback if they spend at least $3,000 within the first 90 days. Once earned, the XRP reward will be automatically deposited into their trading accounts on Gemini, enabling users to hold, trade, or sell whenever they wish. The Credit Card also comes with no extra annual, exchange, or foreign transaction fees, allowing crypto users to grow their portfolios continually.
Featured image from SCMP, chart from TradingView
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Ethereum price has tumbled below $1,900 in a correction driven by a slew of factors. Outside of the technicals, one expert is pinning the blame on Ethereum’s failure to lead and innovate in the Web 3 space.
Ethereum Price Continues Its Steep Decline
According to CoinMarketCap data, technicals for Ethereum’s price are grim, with the second-largest cryptocurrency slipping below $1,900. At press time, Ethereum (ETH) is trading at $1,828 and shows no signs of reversing the grim trend.
A look at Ethereum’s chart does not indicate any signs of an uptrend or a short bounce to stoke embers of optimism. According to pseudonymous analyst Gum, Ethereum signals “relentless downward price action” that could see the asset fall below $1,800.
Over the last day, Ethereum has fallen by nearly 4% while its seven-day chart indicates a decline of nearly 8%. The decline of Ethereum price follows a broader market correction with the global crypto market capitalization losing nearly 3% of its valuation.
On the fundamentals side, things are equally grim for the Ethereum price. Unconfirmed reports of a potential Binance delisting ETH threaten to send Ethereum price to $1,500. Standard Chartered has slashed its ETH prediction for 2025 by 60%, projecting $4,000 as a potential price point by the end of the year.
Expert Says Network Has Itself To Blame
Ryan Watkins, co-founder at Syncracy Capital has taken swipes at Ethereum over its failure to keep pace with its peers. Watkins notes that a failure to capitalize on previous momentum during the last two market cycles is haunting Ethereum’s price.
Ethereum has fallen down the pecking order to new blockchains with Solana and Bitcoin tipped to have the upper hand over the network. An inflow of bridged funds from Ethereum to Solana is accentuating the network’s worrying metrics.
“No one wants to own a growth stage product that’s falling behind technologically superior competitors and bleeding market share,” said Watkins.
Watkins says the only for Ethereum to pull itself from the rut is to “deliver generational leadership and growth.” However, with the Pectra upgrade around the corner, enthusiasts are optimistic that Ethereum can reach $10,000. Hardcore community members are poking holes in Solana’s rise, attributing it a memecoin craze compared to Ethereum’s neck-deep foray into decentralized finance (DeFi).
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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