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

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Overview

Ripple CEO 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 process for an XRP ETF will accelerate as US cryptocurrency legislation progresses, particularly with the change in government. Long also stated that Ripple's stablecoin RLUSD will soon be listed on major exchanges.

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Analysis

Ripple President Monica Long recently stated that the launch of an XRP ETF in the US is imminent. She believes that following the approval of Bitcoin and Ethereum ETFs, an XRP ETF will be next. Long also pointed out that favorable US cryptocurrency legislation would significantly boost the development of domestic crypto companies and accelerate the ETF approval process. She expects more spot ETFs to be launched in the US this year, with XRP poised to become the next crypto spot ETF after Bitcoin and Ethereum. Additionally, Long revealed that Ripple's stablecoin RLUSD is set to be listed on major exchanges. These announcements indicate that Ripple is confident about the prospects of an XRP ETF and anticipates its success in the US market.

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XRP ETF is about to launch in the US, potentially becoming 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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