Recent insights from market experts hint at the possibility of an XRP ETF being launched before an Ethereum ETF, amidst ongoing discussions about Ethereum ETFs. Fox Business reporter, Eleanor Terret, shared key points from a conversation with Valkyrie Funds’ CIO, suggesting that Ethereum may face regulatory challenges as a security, impacting the approval of a spot ETF in May. Conversely, XRP and Litecoin are seen as potential frontrunners for ETF approval. The evolving regulatory landscape and contrasting price actions of XRP and Ethereum further highlight the uncertainty surrounding their ETF prospects. Ripple CEO's calls for regulatory clarity for an XRP ETF and positive market sentiment towards XRP stand in contrast to Ethereum's price volatility and regulatory inquiries, indicating differing market perceptions.
Analysis of XRP ETF Launch Probability Compared to ETH ETF
by Giorgi Kostiuk
2 years ago
Other news
Kraken Launches CFTC-Regulated Perpetual Futures for US Traders
Kraken has launched CFTC-regulated perpetual futures for eligible US traders, providing access to a previously unavailable product in the US market.
Elliptic Report Uncovers Bitcoin ATM Scam Tactics
Elliptic has published a report detailing how Bitcoin ATM scams work, focusing on the tactics used by fraudsters to exploit victims, especially the elderly.
Challenges in Enforcing Crypto Regulations Highlighted by FATF
FATF highlights challenges in enforcing crypto regulations, especially in DeFi and stablecoins.
FATF Reports Increased Legislative Adoption of Crypto Regulations
The Financial Action Task Force (FATF) reports that 83 jurisdictions have enacted legislation for the Travel Rule, but enforcement remains a significant issue.
SEC Commissioner Hester Peirce Issues Important Statement on Crypto Vaults
SEC Commissioner Hester Peirce has issued a statement on crypto vaults and lending strategies, highlighting that onchain activities are still subject to federal securities laws.
Poolin's Financial Troubles and Auction Plans
Poolin Technology Pte Ltd faced financial troubles starting September 2022, freezing withdrawals for users and issuing IOU tokens instead of repaying customers, affecting about 11,700 wallet holders owed $163.7 million, with recovery dependent on an upcoming asset auction.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter