Oct 8, 2024
Oct 8, 2024
Bitwise applied for a spot XRP ETF, amid a crypto market downturn.
Grayscale relaunched its XRP trust, hinting at future plans to convert it into an ETF, like its Bitcoin trust.
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Lack of a regulated XRP futures market & Ripple’s legal battle with the SEC complicate ETF approval.
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XRP futures trading volume and open interest dropped, adding to uncertainty around a potential spot ETF.
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Might Bitwise's XRP ETF filing rely on pro-crypto regulatory changes if Trump wins in 2024?
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