The Currency analytics
The long-awaited XRP spot exchange-traded fund (ETF) may finally be nearing approval. According to Nate Geraci, President of NovaDius and a leading ETF analyst…
For years, XRP’s path to a regulated ETF was stalled by the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. The prolonged legal ba…
Geraci noted that the introduction of a spot XRP ETF would represent a turning point for crypto regulation in the United States. “We’ve come a long way since t…
Adding to the optimism, Canary Capital recently submitted an updated S-1 filing for its Spot XRP ETF. The latest version removed the SEC’s delay clause under S…
This procedural change has fueled speculation that the fund could launch as early as November 13, possibly on Nasdaq. If approved, it would become the first-ev…
Market analysts forecast massive capital inflows following the ETF’s debut. Early estimates suggest that more than $1 billion in institutional investments coul…