Market Cap: $3.2003T -6.720%
Volume(24h): $204.0789B 115.370%
  • Market Cap: $3.2003T -6.720%
  • Volume(24h): $204.0789B 115.370%
  • Fear & Greed Index:
  • Market Cap: $3.2003T -6.720%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$100157.197162 USD

-2.21%

ethereum
ethereum

$3109.959445 USD

-5.70%

xrp
xrp

$2.903259 USD

-4.75%

tether
tether

$0.999847 USD

0.01%

solana
solana

$212.786145 USD

-8.07%

bnb
bnb

$656.277331 USD

-2.87%

usd-coin
usd-coin

$1.000046 USD

0.01%

dogecoin
dogecoin

$0.302299 USD

-7.83%

cardano
cardano

$0.890148 USD

-5.84%

tron
tron

$0.242313 USD

-5.43%

chainlink
chainlink

$22.668207 USD

-11.00%

avalanche
avalanche

$31.325536 USD

-9.47%

stellar
stellar

$0.389588 USD

-6.43%

sui
sui

$3.736378 USD

-7.94%

toncoin
toncoin

$4.589423 USD

-6.21%

Cryptocurrency News Articles

Cryptocurrency Showdown: Will XRP or Litecoin ETF Come First?

Feb 03, 2025 at 04:13 am

As the cryptocurrency sector experiences rapid transformations, the potential approval of an XRP exchange-traded fund (ETF) by 2025 has captured widespread attention.

Cryptocurrency Showdown: Will XRP or Litecoin ETF Come First?

Cryptocurrency Exchange-Traded Funds (ETFs) have been a hot topic in the financial world for some time now, and 2025 could finally bring the approval of an XRP ETF. However, some experts believe that Litecoin might beat XRP to the punch.

Grayscale, a major player in the crypto investment space, has already taken steps to apply to the U.S. Securities and Exchange Commission (SEC) for permission to transform its XRP trust, which currently houses $16.1 million, into an ETF. This move is part of a larger trend among firms aiming to adapt to the shifting regulatory landscape in a way that benefits them.

The hope is that an XRP ETF would make it easier for investors to gain exposure to the cryptocurrency without having to go through the hassle of purchasing coins directly. The cryptocurrency community is also eagerly awaiting any signs of a more favorable regulatory environment under the potential new SEC leadership.

Many are optimistic that a shift in oversight could open doors for ETFs, despite the ongoing challenges. The SEC’s current stance, viewing XRP as a security, continues to dampen hopes for swift approval. In contrast, analysts suggest that Litecoin may not face similar hurdles, potentially leading to its ETF approval first.

Even with these challenges, Ripple’s leadership remains hopeful, outlining an optimistic vision for XRP’s future. The ongoing push for ETFs also reflects strong institutional interest in diverse cryptocurrencies, including insights from competitors like Bitwise and Wisdom Tree.

As the cryptocurrency landscape transforms, the journey towards an XRP ETF remains complex but hopeful. Stay tuned, as 2025 could redefine how we invest in digital assets!

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 03, 2025