21Shares Files Officially for a Spot Ripple (XRP) ETF

2024-11-2 20:14

Crypto investment firm 21Shares has submitted an official registration statement with the SEC for a new exchange-traded fund (ETF) that would track the price of XRP directly. This was posted on X by watcher.guru.

This move indicates that some institutions may be optimistic about XRP’s future, despite its ongoing lawsuit with US regulators.

Read Also: Why Is Bitcoin (BTC) Price Dumping?

JUST IN: 21Shares officially files for a spot $XRP ETF.

— Watcher.Guru (@WatcherGuru) November 1, 2024

The filing suggests 21Shares believes XRP will withstand current regulatory challenges. If approved, the ETF could drive demand for XRP from both retail and institutional investors by providing an easier way to gain exposure without needing to purchase the cryptocurrency itself.

Securing SEC approval for the XRP ETF would be a major show of acceptance from US financial authorities. Not only could it give clarity around XRP, but it may also help establish regulatory certainty for the broader crypto market.

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With an ETF in place, cryptocurrency investing could become more stable and accessible for many users. The analyst sees this as an important step towards welcoming digital assets into the traditional financial world.

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The post 21Shares Files Officially for a Spot Ripple (XRP) ETF appeared first on CaptainAltcoin.

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Ripple (XRP) на Currencies.ru

$ 2.3486 (-0.53%)
Объем 24H $4.036b
Изменеия 24h: -1.60 %, 7d: 6.80 %
Cегодня L: $2.2897 - H: $2.3653
Капитализация $136.475b Rank 4
Цена в час новости $ 0.5149 (356.13%)

xrp etf 21shares track fund exchange-traded price

Источник: captainaltcoin.com

xrp etf → Результатов: 126


Ripple’s (XRP) upside target: what’s on the horizon for this cycle? And a newly emerging altcoin eyes a 19,000% rally

With XRP trading at about $2. 71, speculation over a potential XRP ETF approval has sparked bullish forecasts, with some envisioning double-digit price levels by 2025. An ETF could attract institutional inflows and fuel higher demand, but regulatory issues still loom, making more extreme projections seem uncertain.

2025-3-3 18:50


Фото:

XRP investors buoyed by Donald Trump’s Ripple posts and SEC’s ETF acknowledgment

The XRP community is buzzing after US President Donald Trump shared Ripple-related content on the social media platform Truth Social. This comes at a time when institutional interest in the digital asset is rising, especially with the US Securities and Exchange Commission (SEC) formally acknowledging more applications for a spot XRP exchange-traded fund (ETF).

2025-2-19 14:26


Эксперты назвали высокими шансы на одобрение ETF на базе LTC, SOL, XRP и DOGE

По итогам анализа заявок на запуск спотовых биржевых фондов (ETF) аналитики Bloomberg отметили высокую вероятность принятия положительных решений «по всем направлениям». В приоритете — продукты на основе Litecoin, Dogecoin, Solana и XRP.

2025-2-11 15:35


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