- How Bitcoin Became Boring – The Atlantic
- Bitcoin is ‘a better version of gold’ in a crisis
- Bitcoin Loses 6% to Slide Below $96,000 as Worrying US Data Shakes Sentiment — TradingView News
- Crypto’s tailwinds in 2025 could push bitcoin to $200,000. What to watch
- Bitcoin ETFs See Best Run Since June as Ethereum ETFs Record Inflow Streak Continues
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Bạn đang xem: XRP ETF ‘Very Soon,’ Likely Next After Bitcoin And Ethereum, Ripple President Says
Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) ETFs.
Long’s comments suggest a significant shift in the regulatory landscape, potentially opening up (CRYPTO: XRP) to a broader investor base.
What Happened: In a Bloomberg interview on Wednesday, Long suggested an XRP ETF is not just a possibility, but a likely near-term development.
“I think we will see one very soon,” she said.
Don’t Miss:
She further clarified that, “I think that we will see more various crypto spot ETFs this year coming out of the US. I think XRP is likely to be next in line after Bitcoin and ETH.”
Xem thêm : Is BTC Price Set for a 20% Drop Ahead of Yearly Close?
The approval of an XRP ETF would mark a major milestone for the asset and potentially bring in a wave of institutional investment.
Long attributes this anticipated acceleration to an “administration change and the approvals of those filings.”
Her comment indicates that shifts in regulatory policy are now creating a more favorable environment for crypto ETF approvals.
She also noted that several companies, including Canary, have already filed for XRP spot ETFs, further solidifying her confidence in their approval.
See Also: ‘Scrolling To UBI’ — Deloitte’s #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
Why It Matters: In addition to her comments on the anticipated XRP ETF, Long spoke about the growth in Ripple’s payment solutions and the increasing demand for stable coins.
She revealed that Ripple’s business in payment solutions doubled last year and she anticipates a strong growth trajectory.
She also spoke about the company’s stablecoin, RLUSD which, as she stated, “will have a premium role.”
Xem thêm : Bitcoin Whale Moves 72,000 BTC Aged 5-7 Years – Top Signal Or Altseason?
Long said that stablecoins act as a critical part of crypto infrastructure, stating, “it’s really the way to on-ramp and off-ramp,” and is also “used as a key asset in trading.”
Nguồn: https://rentersinsurance.cyou
Danh mục: News