Betting platform Kalshi currently predicts the US government shutdown will last 31.9 days, soaring from 21.2 days on October 10. Furthermore, the chances of the shutdown extending beyond October 31 sit at 53%. A November reopening would mean that six out of the seven XRP-spot ETF launch dates would be affected by the government shutdown. The delays would likely expose XRP to heightened volatility in the absence of sticky institutional money.
US-China Trade Tensions Add to Market Uncertainty
While the potential delay to XRP-spot ETF launches is significant, the fear of a full-blown US-China trade war has added to the investor unease. XRP plunged to a Friday, October 10, low of $0.7773—its lowest level since November 15—before rebounding above the $2.3 level.
President Trump announced an additional 100% tariff on Chinese goods on Friday, raising fears of a full-blown US-China…
