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Kaiko Says Chances for XRP ETF ‘Very Slim’ Highlights Regulatory Hurdles
- The price of XRP dropped nearly 20% following the SEC's decision to appeal against Ripple.
- The SEC's concerns about market manipulation make the chances of approving an XRP ETF slim.
- Private placements offer a less regulated option for crypto investments, bypassing public market rules.
- The lack of a futures market for XRP may limit its chances of obtaining ETF approval.
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