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XRP and Solana exchange-traded products, or ETPs, could attract as much as $14 billion in investment within their first year, banking giant JPMorgan says, suggesting huge demand for them if the ...
The other major factor involves a potential spot ETF for XRP. There are now seven different investment firms that have filed with the SEC for such a spot ETF, including several that already have ...
XRP could soar following the approval of spot exchange-traded funds (ETFs) In January 2024, the Securities and Exchange Commission (SEC) approved the creation of spot Bitcoin ETFs. Those funds ...
For nearly four years, crypto investors have waited for the big breakout moment for XRP (CRYPTO: ... (ETF). That would be huge in terms of attracting investor money back to XRP, which was once a ...
Like Solana, XRP is often cited as a potential spot ETF prospect, and several different investment firms have already filed for spot XRP ETFs in the U.S. And, as is the case with Solana, XRP ...
ProShares CEO Michael L. Sapir said the ETF would expose bitcoin to a wider range of investors without the hassle of setting up accounts with cryptocurrency providers. Ian Balina, the CEO of Token Metrics, stated that SEC approval of the ETF was a significant endorsement for the crypto industry because many regulators globally were not in favor ...
Grayscale was founded in 2013, launching a bitcoin trust that year. [4] In 2015, the company became a subsidiary of Digital Currency Group. [5] The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States.
From Nov. 5 to Dec. 10, XRP (CRYPTO: XRP) has soared 362%, Dogecoin ... (ETFs) this year, which gives financial advisors and institutional investors a way to buy the coin in a safer, ...