#XRPETF great news for XRP. a new ETF (exchange traded funds) would start spot trading in Brazil exchange later this week. This increased focus on XRP will favorably benefit XRP prices. The ETF tracks the NASDAQ XRP price. XRP is a decentralized payment system with rapid execution of transactions (within few seconds). The currency has been purpose built from scratch. This listing would probably increase demand and lead to price appreciation. It would improve market sentiment and legitimacy. It could increase liquidity and market depth. On the long term, there would be price stabilization as XRP adoption grows. DYOR as this is not market advice.
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