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  • Mathew Jacob

XRP ETF Likely within Weeks after Bitcoin Approval says Top Expert

In the wake of the much-anticipated regulatory approval of the Bitcoin spot ETF, crypto enthusiasts are now turning their attention to the possibility of an XRP exchange-traded fund (ETF). The U.S. Securities and Exchange Commission (SEC) recently granted accelerated licenses to 11 proposals for Bitcoin spot ETFs, marking a significant development in the cryptocurrency space.


The approved ETFs include well-known entities such as Grayscale, Bitwise, Hashdex, Valkyrie, BlackRock, BZX, VanEck, Invesco, WisdomTree, Franklin, and Fidelity. This green light from the SEC allows these firms to list and trade shares of spot Bitcoin ETFs, creating new avenues for investors to gain exposure to the leading cryptocurrency.


SEC Chairman Gary Gensler attributed the approval to a court loss in 2023, which seemingly played a role in expediting the regulatory process. The move has ignited discussions within the crypto community about the potential approval of an XRP ETF in the near future.


Prominent figures within the XRP community, including Panos Mekras, a well-known crypto author and co-founder of Anodos Finance, are expressing optimism about the prospect of an XRP ETF. Mekras took to Twitter to convey his belief, stating, "An XRP ETF is only a matter of time."


The anticipation surrounding the XRP ETF is gaining traction as the crypto community speculates on the next digital asset to receive regulatory approval. While the SEC has yet to make any official statements regarding XRP ETF proposals, the recent approval of Bitcoin ETFs has heightened expectations for broader acceptance of cryptocurrency-based financial products.


In the midst of these developments, CryptoTradingFund has emerged as a notable player, offering retail investors a unique opportunity to generate passive income through its CTF Token. This token distinguishes itself through its real-time wallet growth, where each transaction contributes to the increase in token holdings. This mechanism provides a straightforward path to passive income for investors interested in the dynamic and volatile cryptocurrency market.


Since its recent launch, the CTF Token has witnessed remarkable growth, with a nearly 150% increase in wallet holders and an astounding 4000% surge in value. CryptoTradingFund's official Twitter page showcases the growing community and emphasizes the token's potential to generate passive income for its holders.


In collaboration with the XRP crypto community, CryptoTradingFund is offering complimentary CTF Tokens, providing an accessible pathway to passive income. Interested individuals can claim their tokens by reaching out to the official Twitter page. The token's impressive surge of over 4800% in the last 48 hours signals a unique opportunity in the crypto market. Join the CTF community and seize this chance for financial growth and generational wealth as the crypto landscape continues to evolve.



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