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Showing posts with the label #Ripple #SEC #Cryptocurrency #DigitalAssets #Investment #Regulation #Blockchain

Ripple CEO Reveals When Investors Should Expect An XRP ETF To Be Approved

The Need for an XRP ETF In recent times, the demand for XRP has increased significantly, with more investors and institutions looking to add the digital asset to their portfolio. However, the lack of a regulated and accessible ETF option has hindered this growth. As Garlinghouse explains, an XRP ETF would provide a more convenient and secure way for investors to gain exposure to the asset, without having to deal with the complexities of buying and storing it themselves. Potential Timeline for XRP ETF Garlinghouse believes that the Securities and Exchange Commission (SEC) will eventually approve an XRP ETF, but it may take some time. He predicts that it could happen in the next 12 months, but acknowledges that the timing is ultimately up to the SEC. In the meantime, Ripple continues to work towards regulatory clarity and compliance, with the goal of making XRP more accessible to a wider range of investors. Possible Impact on XRP Price The introduction of an XRP ETF is ...