XRP ETF: Expert Reveals What Will Increase The Odds For A US SEC Approval

Quick Summary:

The President of the ETF Store, Nate Geraci, recently revealed what would increase the odds of the US Securities and Exchange Commission (SEC) approving the XRP ETF applications.

Asset managers Bitwise and Canary Capital have applied with the Commission to offer this fund, providing institutional investors with exposure to XRP.

Meanwhile, Geraci noted that the SEC would also require a surveillance-sharing agreement to approve this fund to curb market manipulation.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Altcoin News 24/7 Cryptocurrency News XRP US SEC Regulation News XRP ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 14:29:06 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 533 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23076325

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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: #59

Publisher Details

Frequently Asked Questions