<ul><li>The leveraged XRP fund has higher trading volume compared to Solana futures ETFs.</li><li>XRP primarily trades outside the US and lacks a futures market, which could hinder ETF approval.</li><li>Increasing spot trading volume on US exchanges and the successful launch of 2x XRP ETF position XRP favorably for potential ETF approval.</li><li>May 22 is a critical date as the SEC needs to respond to Grayscale's spot XRP filing, and arguments against approval are weakening.</li></ul>

XRP ETF: Kaiko Analysts Highlight Key Date to Watch for SEC Approval

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