Ripple News Today: 21Shares Eyes XRP ETF Amid Record-Breaking Ethereum ETF Launch

Quick Summary:

The first trading day saw a record-breaking volume of $1.1 billion, showcasing strong investor interest and confidence in ETFs.

After BTC and ETH, many altcoins are in line to jump the ETF wagon, and XRP will be the hot cake if it successfully clears its regulatory battle.

However, he clarified that the legal clarity on XRP’s non-security status is crucial for eliminating regulatory concerns and advancing the ETF’s launch.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 13:01:46 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 312 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 21773062

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News Last Updated: 8 hours ago

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