Ripple Sets Stage for Potential XRP ETF

Ripple (XRP) seems to be laying the foundation for a potential XRP exchange-traded fund (ETF) in the future.



The company recently advertised a vacancy for a Senior Manager for Business Development, specifying a crucial responsibility as leading initiatives related to cryptocurrency ETFs with internal trading groups and external partners. This move has sparked discussions in the cryptocurrency sector about whether Ripple is adjusting its strategy to align with the dynamic world of crypto.



This strategic shift comes at a time when Ripple is embroiled in a significant legal battle with the U.S. Securities and Exchange Commission (SEC). This confrontation is widely believed to potentially lead to more defined regulations and pave the way for the approval of additional crypto ETFs, including those beyond Bitcoin's current spot


First found on: https://coinatory.com/cryptocurrency-news/ripple-sets-for-xrp-etf-16899/?utm_source=BG&utm_medium=Blogger+Some+Crypto+Blog&utm_campaign=SNAP