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Analysis of XRP ETF Launch Probability Compared to ETH ETF

Mar 28, 2024

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.

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