TL;DR
- Speculation about a spot XRP ETF has risen following the approval of Bitcoin ETFs in the US, but the ongoing Ripple/SEC lawsuit poses a significant obstacle.
- One expert suggests that the launch of the product might be more likely after 2024, pending clearer regulatory guidance.
Are There Any Chances?
The historic approval of several spot Bitcoin ETFs in the United States has given the XRP army (a term referring to the enthusiastic community of XRP investors and supporters) the opportunity to speculate that a similar product with Ripple’s coin as an underlying asset might pop up.
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