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Sunday, February 25, 2024
More
    bitcoin
    Bitcoin (BTC) $ 51,591.82
    ethereum
    Ethereum (ETH) $ 3,018.25
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 378.79
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.545058
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.085907
    cardano
    Cardano (ADA) $ 0.595474
    solana
    Solana (SOL) $ 103.17
    matic-network
    Polygon (MATIC) $ 0.979539
    polkadot
    Polkadot (DOT) $ 7.74
    tron
    TRON (TRX) $ 0.137786

    “CEO of the Firm with Bitcoin Spot ETF Utility Says Ripple (XRP) Spot ETF is Subsequent”

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    Techcrunch reporter Jacquelyn Melinek, who was beforehand mistaken in her declare that the Bitcoin Spot ETF might be accredited on Friday and was criticized for this, got here out with a distinct declare this time.

    Saying that Bitcoin Spot ETFs will now virtually definitely be accredited, Melinek talked in regards to the occasion to be anticipated within the cryptocurrency market any longer.

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    The journalist claimed that he met with Valkyrie founder Steven McClurg, who utilized for Bitcoin Spot ETF, and that after BTC approval, Spot ETF approvals for Ethereum and Ripple had been subsequent.

    In keeping with Melinek’s declare, McClurg stated that it might not shock him if Ripple acquired Spot ETF approval earlier than Ethereum.

    Nonetheless, the SEC firmly maintains that Ripple’s token, XRP, is a safety, however has lately suffered consecutive defeats within the case in query. As for Ethereum, SEC Chairman Gary Gensler doesn’t have a transparent stance and Spot ETF functions could also be accredited by the SEC by contemplating ETH as a commodity. Whereas futures ETFs for Ethereum are at present traded within the US, there isn’t any related product for XRP.

    *This isn’t funding recommendation.

    See also  Bullish SHIB Message Shared by Shiba Inu Staff, This is What's Occurring
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