Ripple Has a Plan: Will April Bring the Long-Awaited XRP ETF?

• An XRP ETF application will likely come in April, with a possible launch before the year closes.
• Crypto influencer Ben Armstrong said Blackrock will spearhead the ETF launch.
• Grayscale’s re-inclusion of the XRP in its Fund stoked the ETF speculations.

The sixth-largest cryptocurrency by market capitalization, XRP, may likely see the launch of an exchange-traded fund (ETF) this year and an application as early as the next few months. 

In a development that will undoubtedly excite XRP community members, crypto influencer Ben Armstrong hinted in a video about the upcoming XRP ETF. Armstrong, acting on insider information, said an application for the said ETF may come in April, the same time as the SEC v Ripple lawsuit is scheduled to close. 

With the spike in attention around spot Bitcoin ETFs, XRP Army have argued that XRP deserves to get a similar ETF. Importantly, they emphasized that XRP is the only altcoin with legal clarity following a court’s ruling last year that declared the digital asset a non-security. 

While reiterating prevailing sentiments in the XRP community, Armstrong noted that…

The post Ripple Has a Plan: Will April Bring the Long-Awaited XRP ETF? appeared first on Coin Edition.