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RozaðŸŽ
@roza1991
GrayScale, a digital asset management company, announced on Thursday the launch of a new investment fund that will allow investing in Ripple (XRP). Given the history of other funds such as Bitcoin and Ethereum turning into spot ETFs, the question is whether this new Ripple fund will put the digital currency on the path to launching an ETF. The price of Ripple immediately went from below $0.54 to around $0.59. Ripple executives, including Brad Garlinghouse, have emphasized the inevitability of ETFs for Ripple. Given the near end of Ripple's litigation with the SEC and Gary Scale's history, this could be the easiest path for Ripple's Spot ETF. Analysts believe that this action will strengthen market confidence in XRP and will bring benefits such as attracting institutional capital, increasing liquidity and greater transparency.
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mina72
@mina72
Good information thank you for sharing 168 $DEGEN
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