menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

XRP News T...
source image

Bravenewcoin

3w

read

22

img
dot

Image Credit: Bravenewcoin

XRP News Today: SEC Approves Grayscale ETF With XRP Exposure, Fueling Optimism for XRP Spot Listings

  • The U.S. SEC has approved Grayscale ETF with XRP exposure, marking a significant milestone for Ripple and the XRP market amidst past regulatory challenges.
  • The ETF includes a small allocation of XRP alongside other major cryptocurrencies like Bitcoin and Ethereum, heralding increased legitimacy for XRP in regulated markets.
  • The approval may pave the way for additional XRP spot ETFs in the future, with analysts anticipating growth in altcoin ETFs after the SEC's acceptance of XRP in a multi-asset ETF.
  • XRP's price outlook is being closely monitored following the ETF approval, with market participants anticipating potential price growth supported by institutional inflows and positive technical developments.

Read Full Article

like

1 Like

For uninterrupted reading, download the app