Wall Street is increasingly looking to launch and invest in a Spot XRP ETF with the risk/reward ratio now compelling.
The only argument against such a launch would be the ongoing case with the SEC that seeks to label the token as a security.
The crypto community has shared optimism about the possible launch of a spot XRP ETF. The discussion was sparked by Yassin Mobarak, founder of Dizercapital, who called on the Wall Street institutional fund to take advantage and be the first to launch the spot XRP ETF.
As the launch of the first spot Bitcoin ETF looks all but imminent, the crypto community anticipates the launch of other crypto ETFs. This is already evident with the filing of a couple of Ether spot ETFs. Surprisingly, no financial institution is yet to file for an XRP ETF. Investors and some experts are beginning to question the lack of an XRP spot ETF. The absence is especially concerning given that XRP is the only altcoin that enjoys legal clarity from the courts.
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