XRP ETF Expected To Come ‘Very Soon’, Says Ripple President

Quick Summary:

In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States.

Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will see major adoption in the coming months.

She noted that various asset managers—including Canary Capital, WisdomTree, 21Shares, and others—have already filed for XRP ETFs.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryUnited States

Topics: XRP ETF US Spot XRP ETF XRP Spot XRP ETF Ripple news XRP price Ripple XRP news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 07:00:39 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 24993695

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