According to Foresight News, Ripple is reportedly searching for a Senior Business Development Manager in New York, with job requirements involving 'driving cryptocurrency-related ETF plans.' This move may suggest that the company is preparing to apply for an XRP ETF. Fox Business reporter Eleanor Terret states that a prerequisite for a spot XRP ETF is the existence of a futures ETF. The approval of a Bitcoin spot ETF was partly due to the US SEC's conclusion that the CME Bitcoin futures market was sufficient to provide monitoring against fraud and manipulation. If a futures XRP ETF can be launched, it would be a step in the right direction towards obtaining a spot ETF.

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