#XRPETFIncoming? Unlike most other cryptocurrencies, XRP is controlled by a single company called Ripple.
Ripple is developing and issuing the native XRP cryptocurrency on the Ripple network.
Ripple's open-source protocol and network are already used by banks and other institutions.
Ripple's network is positioning itself not as a direct rival to cryptocurrencies, but as a more updated version of the SWIFT system used by banks.
There is no mining process to mint new units of XRP
There is a pre-mined supply of 100 billion units of XRP, but only a fraction of it is in circulation.