First Month of XRP ETFs Analyzed: The Good, The Bad, and The Ugly
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Following the political and regulatory changes in the United States that began after last year’s presidential elections, the entities behind numerous altcoins started to hope for the launch of spot ETFs tracking their respective assets’ performance.
Ripple’s XRP was among the most highly anticipated alts to have such funds on Wall Street, and the first, Canary Capital’s XRPC, hit the US markets exactly a month ago. Since then, four more joined the list, including 21Shares’ TOXR, which was the most recent one. Here’s what happened in the first 30 days.
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First Month of XRP ETFs Analyzed: The Good, The Bad, and The Ugly
Share:
Following the political and regulatory changes in the United States that began after last year’s presidential elections, the entities behind numerous altcoins started to hope for the launch of spot ETFs tracking their respective assets’ performance.
Ripple’s XRP was among the most highly anticipated alts to have such funds on Wall Street, and the first, Canary Capital’s XRPC, hit the US markets exactly a month ago. Since then, four more joined the list, including 21Shares’ TOXR, which was the most recent one. Here’s what happened in the first 30 days.
Read More
Ripple Scores Major Victories but XRP’s Price Continues to Fight for Survival at $2