Key Insights:
- US-based Asset Management firms are expected to submit filings for XRP ETF applications with the SEC, in April 2024, with a possible launch before the end of the year.
- Blackrock is set to spearhead the ETF campaign according to prominent Crypto Influencer Ben “BitBoy” Armstrong.
- Grayscale recently re-included XRP in its GDLC Fund, following the ruling by a US district Judge that XRP is “not a security”, further toked the ETF speculations.
The imminent launch of an exchange-traded fund (ETF) for Ripple (XRP), is generating excitement among crypto market participants. According to recent media claims, the likes of Blackrock (BLK: NYSE) and Grayscale are expected to lead the XRP ETF campaign, with an application expected as early…
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