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Spot XRP ETF By Bitwise: Experts Explain The Odds For Approval

  • Bitwise Asset Management has filed for a spot XRP exchange-traded fund (ETF) with Delaware's Division of Corporations.
  • The filing aligns with precedents set by BlackRock and Fidelity for Bitcoin and Ethereum ETFs.
  • Experts speculate that the approval of a spot XRP ETF depends on political outcomes, including the US presidential elections.
  • The likelihood of approval is also tied to the potential appeal in the Ripple Labs vs. SEC case.

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