#Ripple CEO: XRP ETF Coming Soon to the US#

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Overview

Ripple CEO Monica Long recently stated that the launch of an XRP ETF in the US is imminent. She believes XRP will be the next cryptocurrency to receive approval for a spot ETF, following Bitcoin and Ethereum. Long also said that favorable US cryptocurrency legislation would greatly benefit domestic companies and expects the approval process for related applications to accelerate with the change in government. Additionally, she revealed that Ripple's stablecoin RLUSD is set to be listed on major exchanges.

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Analysis

Ripple President Monica Long recently stated that an XRP ETF is set to launch in the US, following in the footsteps of Bitcoin and Ethereum ETFs. She believes that the approval of these applications will accelerate as US cryptocurrency legislation progresses, particularly after the change in government. Long also stated that the RLUSD stablecoin will soon be listed on major exchanges. This news indicates that Ripple is confident in the launch of an XRP ETF and believes it will become a key component of the US cryptocurrency market. As the US regulatory environment improves and market acceptance of digital assets continues to grow, the launch of an XRP ETF will provide investors with more opportunities to invest in digital assets and further drive the adoption and development of XRP.

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Classic Views

XRP ETF is about to launch in the US, potentially the next crypto spot ETF after Bitcoin and Ethereum.

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Favorable US cryptocurrency legislation will accelerate the launch of XRP ETF.

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Government turnover will drive the approval of XRP ETF applications.

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RLUSD stablecoin will soon be listed on major exchanges.

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