XRP's ETF prospects rise after VanEck and Canary's letter to the SEC
Details:
• VanEck and Canary Digital sent a joint letter to the SEC requesting approval for an immediate XRP fund.
• Argument: XRP has a clearer legal record than Bitcoin currently, and it is internationally tradable.
Impact:
• The likelihood of an ETF for XRP jumped to 34% according to Polymarket.