Talking about an ETF of Us Spot XRP is heating, and this time, the probabilities are not only high, they are almost safe. Nate Geraci, head of the ETF store, believes that approval is essentially inevitable. He even suggested that $ 5 billion could arrive during the first month of negotiation. Although the prediction markets are located in 87%, Geraci says that this still emphasizes how large this launch could be.
All eyes are now in October, when the sec is ready to make an ETF XRP decision after another. The gray scale goes first on October 18, followed by 21Shares and Bitwise.
Then comes a double photo of Coinshares and Canary Capital, and finally, Wisdomtree closes things on October 24. The group of mid -month looks like the time when XRP will finally receive the same treatment as Bitcoin and Ethereum.
The history of Token with the regulators has always been disorderly, but Ripple’s partial victory in 2023 has taken great names to see less obstacles. The CEO of Canary Capital called XRP the best known cryptocurrency on Wall Street after Bitcoin, a classification that makes a potential ETF difficult to ignore.
Not only XRP ETF
Meanwhile, the ETF pipe is full: 92 cryptographic funds expect approval in the USA., From Bitcoin and Ethereum products to a growing list of Altcoins. Solana leads with eight files, and XRP continues with seven. Together, they represent the clearest take of the next wave of approval.
You may also like
For investors, the situation is direct: if October brings approval, XRP simply will not update, it could become the main story of this year’s ETF race.
