Tag: ETF Approval
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XRP Spot ETF Inches Closer to U.S. Approval
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The United States Securities and Exchange Commission (SEC) has formally commenced its review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would provide U.S. investors with direct exposure to XRP through traditional brokerage accounts. This development represents a significant step forward for both XRP and the broader digital asset market, marking…
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XRP Struggles at $2.5: Will ETF Approval Trigger a Breakout?
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XRP has been unable to break past the $2.5 resistance level for over a week. Despite gaining momentum in early February, the cryptocurrency saw a sharp drop from $3 to $2.1 on February 3, following a broader market crash. Since then, XRP has struggled to regain strength, with a brief spike to $2.7 on February…