XRP Spot ETF: A Closer Reality Than Ethereum ETF, Says Valkyrie CIO
In a recent turn of events that has sparked extensive discussions within the cryptocurrency market, the Chief Investment Officer (CIO) of Valkyrie Funds, Steven McClurg, has shed light on the ongoing debate around the approval of cryptocurrency ETFs. According to McClurg, the possibility of an XRP spot ETF being greenlit by the Securities and Exchange Commission (SEC) is significantly higher compared to an Ethereum ETF. This assertion arises amid growing concerns surrounding Ethereum's potential classification as a security, a factor that could notably delay, if not outright prevent, the approval of its spot ETF.
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