Is an XRP ETF next after Ripple wins lawsuit?
After the years-long legal battle between Ripple and the United States Securities and Exchange Commission (SEC) finally concluded largely in the blockchain company’s favor, it has triggered discussions regarding the possibility of a spot XRP (XRP) exchange-traded fund (ETF). As it happens, the conclusion of the protracted courtroom standoff has acted as a bullish event, not just for XRP, but for the cryptocurrency industry at large, sparking a flood of rumors that the market could see another crypto spot ETF after Bitcoin (BTC) and Ethereum (ETH) welcomed theirs. Indeed, taking into consideration the above factors, it would not be overly unreasonable to expect a launch of the first XRP spot ETF, at least according to the detailed Analysis shared by pseudonymous professional crypto trader Doctor Profit in an X post on August 8. Picks for you ...