Ripple – Here’s why a Spot ETF approval can send XRP’s price soaring

Quick Summary:

A hike in trading activity and fresh ETF applications could be good news.

This would align XRP with Bitcoin and Ethereum, both of which have Spot ETFs from various institutions.

For instance, according to reports, 21Shares submitted its Spot ETF application for XRP on 1 November.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: Trading View News 1 News Social Ripple Altcoin Ambcrypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 22:00:45 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 603 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23371871

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

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