<ul><li>Ripple is gaining attention from big institutions with an XRP spot ETF application filed.</li><li>The US SEC is reviewing multiple spot ETF applications, and decisions are pending.</li><li>Approval of Spot XRP ETF could bring institutional capital and impact XRP price.</li><li>The SEC has formally accepted filings for an XRP Spot ETF, a crucial step towards approval.</li><li>XRP ETF allows investors to benefit from XRP price without engaging in cryptocurrency markets.</li><li>XRP ETF's value is determined by its net asset value, calculated daily based on XRP held.</li><li>XRP Spot ETF approval could lead to increased institutional adoption and market impact.</li><li>If approved, XRP Spot ETF could drive institutional capital, potentially raising XRP price.</li><li>Approval of XRP Spot ETF could pave the way for more crypto-based financial products.</li><li>XRP could see price appreciation and institutional participation with ETF approval.</li></ul>

What Is XRP Spot ETF? When XRP ETF Approves?

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