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International Business Times
International Business Times
Business
Isaiah McCall

XRP ETF News And If Ripple Becomes a Security: What Happens Next?

XRP (Credit: IBTimes US)

The first XRP ETF is finally in play. If this happens before Solana, I'll officially join the XRP nation. Sources told FOX Business that crypto asset manager Bitwise has taken the plunge and filed with the SEC to launch an XRP ETF.

XRP, the seventh-largest cryptocurrency, boasting a $30 billion market cap, has long since been centralized on steroids — the Joker to Bitcoin's Batman. Conversely, many don't argue about the underlying tech; they're concerned with XRP's case with the U.S. Securities and Exchange Commission (SEC) to determine whether it is a security or a commodity.

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