Why XRP ETF proposals are increasing and what is keeping other issuers on the sidelines
Learn what is fueling the surge in XRP ETF filings, the advantages pushing issuers toward XRP and the hurdles keeping other tokens on the sidelines.
The cryptocurrency market is now entering a new stage in which large institutional investors are looking beyond just Bitcoin (BTC) and Ether (ETH). One of the strongest signs of this shift is the rapid increase in applications for US spot XRP (XRP) exchange-traded funds (ETFs).
Asset management companies are submitting proposals for XRP ETFs one after another. However, many other cryptocurrency projects remain on the sidelines. There are several reasons for the recent increase in XRP ETF proposals:
