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Encrypted KOL: The XRP ETF application may be submitted in April and could potentially be launched before the end of the year

Encrypted KOL: The XRP ETF application may be submitted in April and could potentially be launched before the end of the year

2024/01/07 08:47
XRP-6.53%

Cryptocurrency XRP may launch an Exchange-Traded Fund (ETF) this year, with the earliest application expected to be filed in the coming months. Cryptocurrency influencer Ben Armstrong hinted at the upcoming XRP ETF in a video, stating that the application could be submitted in April and coinciding with the planned conclusion of SEC's lawsuit against Ripple. Armstrong mentioned that BlackRock, one of the world's largest asset management companies and a leading manager for Bitcoin ETFs, will be among the first to introduce an XRP ETF.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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