On November 3, Nate Geraci, president of The ETF Store, published an analysis stating, "I expect the first Spot XRP ETFs to be launched in the next two weeks. The SEC has been suing Ripple for the past five years, and it only ended three months ago. In my opinion, the launch of the Spot XRP ETF will be the final blow to those past anti-crypto regulators. We have come a very long way.

11.3 Morning BTC Silk Road Last week, the Federal Reserve cut interest rates by 25 basis points, and Powell stated that the current inflation and employment situation is not very good. The U.S. government has also shut down, and data cannot be updated, which has made the market more anxious. Federal Reserve officials feel that they need to be more careful with future rate cuts, and this has caused BTC to rise a bit instead of falling. However, the China-U.S. trade talks are not going well, and the geopolitical situation is also unstable. Last week I told everyone that BTC would drop first and then rise, and that it could be bought during the pullback. As a result, it really rose to the target price. Now BTC is still adjusting, and looking at the four-hour chart, the adjustment is going quite well. The three-wave adjustment has ended, so I estimate it will rise again in the future. Therefore, in terms of operations, it is still advisable to buy more when it pulls back. BTC: Long in the range of 108500-109000, target 110000, if broken then look at 113000, each should maintain good defense. #参与创作者认证计划月领$10,000 #Gate跨所交易平台CrossEx上线 #美联储如期降息25基点

Based on the performance of the SOL Spot ETF launch, if the market does not rise, even if the XRP Spot ETF is approved, there will likely not be many buyers after its listing, and without new capital inflow, it will be difficult for XRP to directly To da moon.