ETF Expert Comments on Ripple Case Conclusion: Approval of XRP ETF is Only a Matter of Time
News on March 26, The ETF Store President Nate Geraci stated on social media that the end of the Ripple case means that the approval of a spot XRPETF is apparently only a matter of time. It is expected that BlackRock, Fidelity and others will participate in it. XRP is currently the third largest non-stablecoin cryptocurrency by market value. The largest ETF issuers will not ignore this point. Previous news reported that Ripple agreed to give up cross-appeals, and the US SEC will retain $50 million out of a $125 million fine.
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.
You may also like
Must Read 24-hour Newsflash Featured Topics Events Opinions Articles Hot List
ETHZilla plans to redeem $516 million of 2028 convertible bonds early to optimize its capital structure
Metaverse game ChronoForge announces it will cease operations on December 30
Data: A certain whale withdrew 101,365 SOL worth $13.89 million from a certain exchange 10 hours ago