KuCoin, a major cryptocurrency exchange, has hinted at the potential for a Ripple (XRP) Exchange-Traded Fund (ETF), sparking speculation in the crypto space. This comes as Ripple prepares to launch its USD-pegged stablecoin, RLUSD, which is expected to enhance liquidity and attract institutional investors. The anticipated departure of SEC Chair Gary Gensler and the possibility of a more pro-crypto regulatory environment under the Trump administration have also fueled optimism for ETF approvals, including for XRP. While KuCoin has not officially announced plans for an XRP ETF, its involvement could generate global interest in Ripple's token if ETFs receive regulatory approval. The current price of XRP is $2.69, with a significant surge in the last 24 hours, indicating growing anticipation for its future, potentially driven by the possibility of an ETF approval.



Other News from Today