Will we have XRP Spot ETF soon?

[Legion]

Since bitcoin ETF had been approved and now we are having the pursuant after that of Ethereum as well to get approved sometimes in the near future, that means any other cryptocurrency can also make an application for approval since it has to be extended also to the alts currencies and XRP is not a type that could be low rated in choosing the most recognized altcoins, if Ethereum is considered later, then we should expect XRP as well altogether.

I saw some news saying that the SEC was withdrawing its decision and reconsidering whether to accept Ehtereum into the ETF or not, because there were several problems that had to make the SEC review it, Ethereum was too dangerous to enter the ETF list.

[MrSpasybo]

I saw some news saying that the SEC was withdrawing its decision and reconsidering whether to accept Ehtereum into the ETF or not, because there were several problems that had to make the SEC review it, Ethereum was too dangerous to enter the ETF list.

Current Spot ETF attention is on ETH. Although the SEC may be looking for a way to reject it, I don't think they will be successful because they don't dare to declare ETH a security to confront the CFTC, and the ETH future price is closely following the ETH spot price. I think ETH Spot ETFs will be approved this year, and then we can think about XRP Spot ETFs because XRP is also not a security.

Everything depends on the decision of large funds like BlackRock and Fidelity. Currently, they are only focused on BTC and ETH because they have a large community, large liquidity, and are extremely popular in the crypto market. XRP does not have such a good position, it is not even as popular as SOL or DOGE. I just hope that Ripple can do something interesting in this cycle to bring XRP back to popularity and the ability to increase in price strongly