"Coinbase is activating Trade at Settlement for XRP futures today, May 1, which may not move XRP's price on its own but facilitates large positions through regulated exchanges."
"GraniteShares plans to launch its 3x Long and 3x Short XRP ETFs on NASDAQ on May 7, providing U.S. retail traders a regulated way to take leveraged positions on XRP."
"Jerome Powell's term as Fed Chair ends on May 15, with Kevin Warsh expected to replace him, potentially influencing economic policy and market reactions."
"The CLARITY Act faces a hard deadline before the Senate's Memorial Day recess on May 21, which could impact regulatory clarity for cryptocurrencies."
May 2026 features multiple catalysts for XRP, including the launch of Coinbase's Trade at Settlement for XRP futures on May 1, and GraniteShares' 3x leveraged XRP ETFs on May 7. The exit of Jerome Powell as Fed Chair on May 15 adds to the month's significance. Additionally, the CLARITY Act faces a deadline before the Senate's Memorial Day recess on May 21. These events could significantly influence XRP's price by the end of the month.
Read at 24/7 Wall St.
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