The possibility of an XRP Exchange-Traded Fund (ETF) has generated interest in the crypto community. Multiple companies, including Bitwise, have filed applications for XRP ETFs with the SEC. While previous applications have been withdrawn, the fact that issuers are refiling suggests the SEC is willing to investigate these products. Matt Hougan, Chief Investment Officer at Bitwise, believes the outlook for XRP ETFs has improved, and the SEC may take a more accommodative approach to approving them. However, he cautions that it will likely be a lengthy process and mentions that a regulated futures market for XRP would be beneficial for ETF approval.
Content Editor ( coinpedia.org )
- 2025-02-17
XRP ETF Approval: Bitwise CIO Reveals Timeline, Says it’s a ‘Long Game’
