#XRPETF The prospect of an XRP exchange-traded fund (ETF) is gaining momentum. Ripple CEO Brad Garlinghouse has declared an XRP ETF as "just inevitable," citing the success of Bitcoin ETFs, which have attracted $17 billion since January 2024 . Companies like Bitwise and Canary Capital have filed with the U.S. Securities and Exchange Commission (SEC) to launch XRP ETFs, signaling growing institutional interest . Despite ongoing legal challenges, including the SEC's appeal in the Ripple case, the demand for diversified crypto investment products remains strong. An approved XRP ETF could enhance accessibility and liquidity for investors, marking a significant step in the cryptocurrency's mainstream adoption.

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U.Today

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Sources