ETF-2024—Ripple ($xrp) plans to become an exchange traded fund

Could ETF be the new era for the cryptocurrency space ,? Many cryptocurrency tokens are getting set for an etf approval .

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Bitcoin ETF application approved earlier on at January 2024, Ethereum ETF approval application delivered but keeps getting delayed and next spotted was that of ripple.

Over the years ,Ripple and the U.S. Securities and Exchange Commission (SEC), been in a thug of war,as $xrp faced lots of charges with the SEC.

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Series of won and loss battles on ripple and eventually their plans to evolve into ETF surfaces.

Earlier on , There was a job opening from ripple, requesting for Senior Manager for business development at Ripple.

The roles attached to the job was “drive cryptocurrency-related ETF initiatives with internal trading teams and relevant partners.”

Many controversies from this role narrative ,as it entails that the ripple team has a plan on ETF evolvement.

Crypto analyst on the loose again over this narrative , Showing the importance of $Xrp ETF plans ,crypto analyst, Good morning crypto, had this to say

Affirming the ripple ETF plans ,Fox business analyst, Eleanor Terrett threw his own counts on Good morning crypto post,stating the requirement of such role from ripple exposes their next move on ETF approval.

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Updated: January 28, 2024 — 9:59 am

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