Ripple token is among the top cryptos of the market, and the XRP Rich List for June clearly explains the popularity, as 6.65 million accounts hold billions worth of tokens. Notably, in most cases, the top 100 wallets carry the majority of the token holdings, and the same holds true here as well. But Ripple’s
According to a recent rumor, the SEC is considering an expedited process to streamline altcoin ETF applications. This new generic listing standard would work with exchanges, bypassing the need for a Form 19b-4.
Traditionally, the Commission has delayed approving an ETF as much as possible to ensure a unique assessment for each application. Many current proposals already have a Form 19b-4, so this change might not help them, but it’s an incredibly good sign for approval.
Crypto ETFs Might Have a New Assessment Standard in the US
This decision would mark a dramatic shift for the ETF approval process in several ways. Over the last few months of delays, analysts have noted that this process is structured to move slowly.
Right now, to list a token ETF, issuers have to go through two approval steps:
File a 19b-4 form — where the exchange asks the SEC to approve rule changes to list the ETF.
File an S-1 registration — where the issuer explains how the ETF works.
This process is slow, inconsistent, and full of back-and-forth.
Under the rumored new idea, if a token meets the standard, no 19b-4 is needed. The issuer just files the S-1, waits 75 days, and the ETF could go live.
Also, this means fewer case-by-case decisions for the SEC and more standardization. Issuers will know upfront which tokens qualify.
The SEC usually takes as much time as possible to consider ETF filings, trying to consider all the possible ramifications of their approval.
What It Means for Pending Altcoin ETF Applications
If multiple altcoins meet the standard, then ETF applications tied to those could move together and be approved faster, without separate 19b-4 battles. On the flip side, tokens that don’t meet the bar could be rejected outright.
This would bring structure and predictability to the ETF approval process, rather than the current fragmented approach.
The Commission currently has more than 70 altcoin ETF applications pending decision. Some of these proposals filed their Form 19b-4s several months ago; bypassing that step might not help them now.
However, plenty of lesser-known altcoin proposals are currently unique. Only one company has an AVAX ETF filing, after all. The SEC could enable every issuer to fast-track their own AVAX ETFs.
This streamlined process will increase the Commission’s responsiveness, if nothing else. If one firm catches lightning in a bottle with a unique ETF, other issuers could flesh out this new market in 75 days.
Investors now fear these measures could impact revenues of U.S. firms worldwide, with concerns mounting as more countries consider retaliatory actions.
Crypto market performance, April 4 | Source: Coingecko
If the U.S. fails to find a diplomatic solution, equities could slide further, accelerating capital rotation into alternative assets.
Investors increasingly view Bitcoin as a hedge against trade policy risks, prompting fund inflows into the crypto market.
According to Coingecko data, the total market cap stabilised around $2.78 trillion, with major assets reclaiming key support levels—Bitcoin at $83,000, Ripple price at $2, and Ethereum breaking above $1,800.
XRP price surged 12.54% in two days, reclaiming the $2.12 level amid strengthening bullish momentum. The rally coincides with an early MACD crossover and a recovery within the Bollinger Bands’ lower boundary.
The Bollinger Bands indicate a potential volatility expansion after XRP touched the lower band at $1.98 and rebounded sharply.
The mid-band resistance at $2.28 aligns with the Volume Weighted Average Price (VWAP) at $2.09, reinforcing a crucial test for sustained upside.
Ripple (XRP) price analysis | Source: TradingView
A breakout above these levels could fuel a rally toward $2.58, where the upper Bollinger Band sits.
Meanwhile, MACD lines are narrowing, with the blue line approaching an upward crossover. If confirmed, this would mark a bullish reversal, echoing past rallies from similar levels.
However, Bitcoin price forecast remains a critical factor, as BTC’s next move could influence XRP’s trajectory. If Bitcoin maintains bullish sentiment, XRP could benefit from broader market strength.
Failure to break the $2.28 resistance could trigger another retest of $1.98 support, risking further declines. However, as long as XRP holds above the VWAP, the technical setup leans bullish, suggesting higher probability for further gains.
Ethereum’s (ETH) institutional adoption continues to gain momentum as BlackRock’s Ethereum ETF recorded its 12th consecutive day of inflows. As of June 5, the total inflows for the Ethereum ETFs saw significant growth. BlackRock’s iShares Ethereum Trust alone added 27,846 ETH, bringing the fund’s holdings to more than 1.4 million ETH, worth approximately $3.93 billion.