With the CME XRP futures going dwell right now, consideration has once more turned to the spot XRP ETFs, that are nonetheless pending regulatory approval. Nevertheless, market skilled Nate Geraci predicts that the US SEC will finally approve these funds, stating that it is just a matter of time. XRP ETFs Solely A Matter Of Time In an X publish, the president of the ETF Retailer asserted that Spot XRP ETFs are solely a matter of time, whereas noting that the CME-traded XRP futures at the moment are dwell. He added that this growth means there are CFTC-regulated contracts on XRP. A regulated futures market is important and will increase the chance of an XRP ETF approval as a result of Grayscale case. In Grayscale’s case towards the SEC, the court docket dominated that the futures and spot markets are comparable. As such, the court docket argued that the SEC can’t reject a spot ETF software on the… Read More at Coingape.com
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