XRP ETF Approval Expected Soon, Says Ripple President

Reported 1 day ago

Ripple President Monica Long has indicated that an XRP spot exchange-traded fund (ETF) is likely to be approved 'very soon', following the recent approvals of Bitcoin and Ethereum ETFs. This anticipated approval could significantly broaden XRP's investor base and pave the way for institutional investments, attributed to favorable shifts in regulatory policies. Long also highlighted Ripple’s growth in payment solutions and the increasing importance of stablecoins in the crypto market.

Source: YAHOO

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