#LTC&XRPETFsNext?
Cryptocurrency exchange-traded funds (ETFs) have been gaining prominence in the financial market, especially after the approval of the first Bitcoin and Ethereum ETFs. Recently, attention has turned to the possible introduction of ETFs based on other cryptocurrencies, such as XRP and Litecoin (LTC).
XRP, developed by Ripple Labs, is known for its efficiency in fast and low-cost transactions. XRP is currently trading at $2.48, down $0.05000 (0.02058%) from its previous close. The intraday high was $2.52 and the low was $2.41.
Litecoin, created as an alternative to Bitcoin, stands out for its transaction speed and limited supply. LTC is currently trading at $126.83, up $10.11000 (0.08662%) from its previous close. The intraday high was $131.45 and the low was $115.73.
Recently, the U.S. Securities and Exchange Commission (SEC) formally recognized several applications for cryptocurrency ETFs, including proposals for funds that track the price of cryptocurrencies.