#XRPETFIncoming

Ripple's XRP is on the cusp of a significant development, with an XRP ETF (Exchange-Traded Fund) potentially incoming. This news follows Ripple's partial legal victory against the SEC, which denied claims that XRP is a security in secondary sales

An XRP ETF would allow investors to gain exposure to XRP without directly holding the cryptocurrency. This could lead to increased institutional adoption and potentially drive up demand for XRP. Companies like WisdomTree and Bitwise are reportedly considering XRP ETF applications

Grayscale, a leading digital asset management firm, already offers a Grayscale XRP Trust, which allows investors to gain exposure to XRP through a security. However, this trust is not an ETF and has some limitations