🔥🔥XRP ETF: Ripple overtakes Solana (SOL) and ignites Wall Street 🚀🚀💸💸
🚨🚨In the space of a month, Ripple (XRP) recorded an increase of more than 300%. So much so that Ripple has just overtaken the giant Solana (SOL) in terms of marketcap. In parallel with this enthusiasm, the financial giants do not want to miss the train. Thus, the first Spot ETF application for Ripple (XRP) was filed in the United States.
👉In early October, the Canary Capital fund filed an XRP Spot ETF application with the SEC. At the same time, Bitwise is also filing its Form-S1 in the United States.
👉A month later, 21Shares joined the ranks by filing a request. Finally, last week, a new application was filed by WisdomTree.
The requests are pouring in, and the recent re-election of Donald Trump could well work in their favor. Indeed, the legal turmoil of Ripples in the United States does not favor the approval of these ETFs.
‼️For its part, the SEC is also preparing to experience changes with the departure of Gary Gensler. A new presidency of the SEC could mark the end of legal proceedings against Ripple.
A situation which would obviously work in favor of the various ETF applications which have been submitted in recent months.🚀🚀
