- Ripple's Monica Lengthy helps the inevitability of an XRP ETF, citing regulatory readability much like Bitcoin's standing within the US.
- Lengthy factors to XRP's constant rating within the prime 10 market capitalization and vital each day buying and selling quantity because the driving drive behind the ETF's launch.
- Ripple has expanded its presence within the European market by partnering with Clear Junction for GBP and EUR payouts.
Ripple President Monica Lengthy has expressed help for the potential launch of an XRP Alternate-Traded Fund (ETF), echoing comparable sentiments from Ripple CEO Brad Garlinghouse. Lengthy drew parallels between Bitcoin and XRP and highlighted the regulatory readability surrounding XRP within the US as a foundation for its help.
In an interview with CNBC, Lengthy cited XRP's constant place as a prime 10 crypto asset by market capitalization and its sturdy each day buying and selling quantity as making the XRP ETF a logical subsequent step for the market.
Garlinghouse beforehand expressed confidence within the inevitability of the XRP ETF, stressing that an investor prefers diversified publicity to a number of cryptocurrencies reasonably than simply investing in a single coin.
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