Ripple CEO: XRP ETF will be approved by the end of the year, and XRP will be included in the US encryption reserves.

robot
Abstract generation in progress

On September 18, Ripple CEO Brad Garlinghouse stated in an interview that the approval of the Spot XRP ETF is "inevitable" and expects the SEC to approve some or all pending applications by the end of the year. Currently, companies such as Bitwise, Franklin Templeton, and Canary have submitted relevant applications. He also expects the XRP Token to eventually become part of the U.S. government's encryption reserves. Analysts are optimistic about the inflow prospects for the XRP ETF. CEX CEO predicts that these funds will attract $8 billion in inflows in the first year, and JPMorgan has made the same prediction. (Themarketperiodical)

XRP2.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)