Will we have XRP Spot ETF soon?

[MrSpasybo]

I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt

Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.

[Manna]

I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt

Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.

Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.

[electronicash]

I'm not sure if XRP will be approved like BTC as we know the SEC and XRP are like water and fire, this will make things worse, something that is impossible to happen for sure if XRP sport accpt

Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.

Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.

i think it will be approved though. they already opened the world for ETH ETFs. while those finance institutions are investing in BTC and ETH ETFs, if they can't find ETFs of other altcoins such as XRP, they will be going for the spot market on exchanges and i don't think Blackrock is going to like these or the government will not like this either.

they better be approving these altcoins ETFs because people will be buying these altcoins with anonymity in mind.

[SamReomo]

they better be approving these altcoins ETFs because people will be buying these altcoins with anonymity in mind.

They have already accepted Bitcoin ETFs and ETH ETFs and surely they're going to accept XRP ETFs as well. I believe that could be helpful for the investors of XRP and so far I've read some good predictions about the future price of XRP but I'm pretty sure that most of those predictions are not going to take place even if XRP ETFs get approved.

[MrSpasybo]

Your analysis is correct, and the reality of the XRP Spot ETF is truly worrying.  Despite Ripple's dispute with the SEC and XRP's proven lack of security, other hurdles could be in the way of ETF approval.  It is important to keep track of the SEC's positions and decisions accurately, as they may affect the market.  Also, the long-term problems with popular spot ETFs like Bitcoin could be replicated for XRP.  Always good to keep an eye out for updates and new news.

Currently, although XRP fans have high expectations, there are still no proposals for XRP Spot ETF on the market, which is even worse than SOL as SOL Spot ETF has been proposed by VanEck. We will have more confidence in the emergence of an XRP Spot ETF when a large asset management firm such as Fidelity, Grayscale and Bitwise wants this financial product for their clients.

I'm also an XRP supporter, but I don't think I'm overly optimistic about XRP Spot ETF in this bullrun, especially since BlackRock has denied the possibility of spot ETFs for tokens other than BTC and ETH. The best scenario is that Ripple will push forward the plan for XRP Spot ETF to create optimism and positivity in the psychology of investors towards investing in XRP in the bullrun.

[Themepen]

Yeah, besides the lack of interest from big funds such as BlackRock and Fidelity, the chances of an XRP Spot ETF being approved have also decreased because the SEC doesn't like Ripple and the SEC could easily delay or reject an XRP Spot ETF multiple times as retaliation. This could totally happen like what the BTC Spot ETF has been enduring for the past 10 years.

However, XRP has been proven not to be a security, meaning the SEC has to find another reason to reject an XRP Spot ETF. Maybe the SEC will mention the very low demand from traditional investors for an XRP Spot ETF or the price difference of XRP in the Spot and Future markets. Anyway, for now, we should just wait for news about an XRP Spot ETF being proposed by some fund.

Yes that is right my dear friend it is unlikely that XRP Spot ETF will be approved because SEC does not look to like Ripple and big investors like BlackRock and Fidelity are not interested. SEC might delay or reject ETF as way of getting back at Ripple like they did with the BTC Spot ETF.

But since XRP is not considered security SEC would need to come up with other reasons to say no like not enough investors wanting it or differences in prices. For now we have to wait and see if any fund proposes an XRP Spot ETF and what happens next.

[MrSpasybo]

Yes that is right my dear friend it is unlikely that XRP Spot ETF will be approved because SEC does not look to like Ripple and big investors like BlackRock and Fidelity are not interested. SEC might delay or reject ETF as way of getting back at Ripple like they did with the BTC Spot ETF.

But since XRP is not considered security SEC would need to come up with other reasons to say no like not enough investors wanting it or differences in prices. For now we have to wait and see if any fund proposes an XRP Spot ETF and what happens next.

I hope that after the great victory against the SEC, Ripple won't disappoint XRP fans. An increase in XRP price will be the clearest affirmation of Ripple's victory and solidify Ripple's position in the blockchain/crypto community after 4 years of legal battles.

XRP Spot ETF is just one of many ways Ripple can create more value for XRP. We can wait for this financial product for US investors, but we also won't take our eyes off Ripple's other proposals and plans in the bullrun. Ripple has also just released a stablecoin, which could also be a good move to leverage the strength and promote the Ripple blockchain.

[Bobcrypto]

An XRP ETF is very unlikely to happen any time soon. In my opinion, XRP ETF look impossible after the prolonged law suit with the SEC, unfortunately the SEC loss to Ripple (XRP). Ripple company contemplating going for XRP ETF may be delayed for a very long time in future, and the opportunity could be denied.
XRP has to wait a little longer, and then apply to see the reaction of the SEC. Spot XRP, if approve, we definitely enhance the growth of XRP token at the long run, and I think this will attract more users to the community.
 

[MrSpasybo]

An XRP ETF is very unlikely to happen any time soon. In my opinion, XRP ETF look impossible after the prolonged law suit with the SEC, unfortunately the SEC loss to Ripple (XRP). Ripple company contemplating going for XRP ETF may be delayed for a very long time in future, and the opportunity could be denied.
XRP has to wait a little longer, and then apply to see the reaction of the SEC. Spot XRP, if approve, we definitely enhance the growth of XRP token at the long run, and I think this will attract more users to the community.

BlackRock previously denied the possibility of any Spot ETFs other than BTC & ETH Spot ETFs in the near future, and as SOL Spot ETFs have been rejected by the SEC, expectations for XRP Spot ETFs are also not as high as before. However, we should not forget that SOL does not have the same clarity as XRP: XRP has been determined not to be a security.

When SOL Spot ETFs were rejected, the opportunity to become Spot ETFs only existed for XRP due to Ripple's great ambition, although we are not sure of their exact plans to support XRP in this bull run. Although the chance is very small, it is still worth our attention and expectation. I have experienced 2017, so I understand the crazy things Ripple can do for XRP.

[Zed0X]

~
XRP has to wait a little longer, and then apply to see the reaction of the SEC.

Reaction? Why do Ripple have to speculate on that when there are already rules in place. SEC losing the case and Ripple paying the penalty for selling to private investors during the initial funding stage should have no effect on the ETF application. It will be interesting to see if SEC remains a sore loser though and rejects application based on their emotion.

[target]

There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.

[MrSpasybo]

There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.

Unfortunately, BlackRock has denied the possibility of additional crypto Spot ETFs in the short term, meaning both SOL & XRP Spot ETFs are not being supported or proposed by BlackRock in this cycle. The success of the ETH Spot ETF cannot immediately help other POS tokens in the market to have their own Spot ETFs for easy access to traditional investors in the US.

SOL Spot ETFs have been rejected, and SOL holders may be disappointed, but this is an opportunity for XRP Spot ETFs. The attention towards SOL Spot ETFs has now shifted to XRP Spot ETFs as XRP is not a security and has just won a major victory against the SEC. I'm looking forward to statements from Ripple about the XRP Spot ETF that they often mention. If they really want to, Ripple can support the launch of XRP Spot ETFs in many other countries before proposing it in the US.

[satpol_PP]

There are articles about Sol ETF being denied recently. There must be people expecting the ETF to be approved since the ETH was also approved.

I think XRP has more followers than SOL for the fact that it exist long before SOL and XRP is cheaper. If its approved a lot will be richer in a year, even my sister have thousands of XRP.

But if Blackrock didnt apply for it, it will not ba approved.

Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.

[MrSpasybo]

Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.

We can definitely view the lawsuit with the SEC in a more positive light: thanks to this lawsuit, XRP has been determined not to be a security and is free from future related accusations. At the same time, it also has the opportunity to have an XRP Spot ETF legally if asset management funds propose and support it.

Currently, unfortunately, there are no more signs indicating that Ripple really wants an XRP Spot ETF in this bullrun. We are forced to wait for other motivations from Ripple such as promotional campaigns, partnerships, or success from Ripple's new services.

[doc]

Maybe the SEC has its own considerations why the solana ETF has not been approved, because in my opinion the coins that have shown a good reputation at the moment are bitcoin and ethereum. Solana is still a new coin. and XRP also has a good community, unfortunately it has had problems with the SEC in the past.

We can definitely view the lawsuit with the SEC in a more positive light: thanks to this lawsuit, XRP has been determined not to be a security and is free from future related accusations. At the same time, it also has the opportunity to have an XRP Spot ETF legally if asset management funds propose and support it.

Currently, unfortunately, there are no more signs indicating that Ripple really wants an XRP Spot ETF in this bullrun. We are forced to wait for other motivations from Ripple such as promotional campaigns, partnerships, or success from Ripple's new services.

After the ripple team successfully resolved its issues with the SEC, we were very hopeful that the XRP price would soar but it was not as beautiful as we expected although I think the ripple price movement is still good. I was thinking about a ripple ETF, because it doesn't seem like it will happen this year