BitBoy, a prominent market commentator, predicts that an XRP ETF launch is imminent, pointing to the success of Grayscale's XRP Trust as a positive sign. The trust has seen a surge of over 300% in its share price since its launch in 2024. Other factors that may contribute to the launch of an XRP ETF include the expected pro-crypto shift in the incoming Donald Trump Administration and Ripple's partial win over the SEC in a long-standing legal battle. However, analysts suggest that altcoin ETF approvals may take longer than expected and may require an established regulated futures market. Several asset managers have applied to launch XRP ETFs, including Canary Capital, 21 Shares, Bitwise, and Wisdom Tree.
Content Editor ( thecryptobasic.com )
- 2024-12-13
Here is Good Sign an XRP ETF is Coming: Bitboy
