XRP ETF Approval is Inevitable, Ripple CEO Weighs In

Quick Summary:

However, the approval of an XRP ETF could help reduce this volatility by providing stability and credibility to the currency.

In a recent interview with Bloomberg, he remarked that an XRP ETF is “inevitable,” especially following the approval of Bitcoin and Ethereum ETFs.

In 2020, the SEC filed a $1.3 billion lawsuit against Ripple, accusing the company of selling unregistered securities in the form of XRP.

---

More Pictures

---

Read Quick SummarySave Time

or

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: 2024-10-24 @ 06:39:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23220777

View Article Analysis

About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 24 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions