Will we have XRP Spot ETF soon?

[MUGNIA]

I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good

[legend45]

I think for now XRP spot ETF has not been thought of even though the altcoin session is coming, it is too risky if XRP spot is held and approved, the feeling will not be good

XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.

[MrSpasybo]

XRP just finished facing problems with the SEC, I guess it will need time to recover. An Ethereum ETF has not yet been approved, which is why I don't think there will be another altcoin ETF in the future.

The most significant part of the lawsuit related to the XRP token has concluded, and the verdict favors Ripple: XRP is not a security. The current lawsuit only involves investment contracts between Ripple and large clients, and I believe Ripple can settle it with money. Compared to ETH, XRP's legal status is actually clearer as ETH is still under investigation by the SEC, and the SEC has not confirmed that ETH is not a security.

Legally speaking, XRP Spot ETFs can be approved, the only issue is the user demand for this product. Of course, I have also said: I do not dare to have high expectations for XRP Spot ETFs in this cycle, I just need the news and expectations of it to boost the XRP token price in the market and bring profits to investors who have always believed in XRP ^^