<ul><li>Ripple (XRP) recently experienced a turning point in its legal battle with the US Securities and Exchange Commission (SEC). The SEC quit pursuing its appeal, which was seen as a victory for Ripple.</li><li>The focus now shifts to the potential approval of spot XRP exchange-traded funds (ETFs) in the US. Multiple asset managers have filed applications for XRP ETFs, awaiting a decision by the end of this year.</li><li>However, the approval of an XRP ETF may not guarantee a surge in its price due to the highly concentrated supply of XRP and the control exerted by Ripple as a centralized entity.</li><li>While a short-term price increase is possible, the long-term impact of XRP ETFs on the cryptocurrency's price remains uncertain.</li></ul>

The Truth About Ripple (XRP) ETFs: Should You Be Worried?

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