In accordance with Bitcoin.com, XRP is on the verge of a major milestone as the first U.S. spot XRP ETF could launch as early as next week. Investment firm Canary Capital confirmed at Ripple’s Swell conference in New York on Nov. 5 that it is preparing to introduce the XRP ETF, following the successful rollout of its HBAR and LTC ETFs. The firm’s CEO, Steven McClurg, stated that the XRP ETF is expected to launch soon and described the XRP Ledger as a competitive financial infrastructure for global payments. Analysts anticipate strong institutional demand and rapid asset growth for the fund.
XRP ETF May Launch in the US Next Week, Sparking Institutional Interest
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