Fox Business emphasizes more XRP ETF files next week with a rise in the market

Amid multiple XRP ETF files, Fox Business Eleanor Terrett has released an interior hint about the possibility of more activities about XRP ETFS next week.

Territt disclosed in a tweet on Thursday, when his reaction to the news that the asset manager was now continuing XRP ETF.

Last update on XRP ETF

Yesterday, Grayscale, in cooperation with NYSE, He presented a decisive registration Statement of XRP ETF. The SEC deposit file teaches the decision to convert the XRP confidence already in ETF, thus opening more access to XRP in an increasing institutional interest.

For context, the GrayScale XRP TRUST group has been re -launched five months ago, and has since been attracted $ 16 million of management assets. According to the latest files with SEC, confidence is ranked among the most prominent XRP money all over the world.

The company aims to develop the fund by converting it from a trust box to a box circulating on the Bursa Stock Exchange.

More deposit activities for XRP ETFS

Since news of this deposit raises excitement in the XRP community, the Fox Terrett correspondent revealed that more deposits in business and can appear early next week.

“Find more deposit activities by exporters with XRP ETF apps next week,” Territ is turbulent in tweet.

In response to these continuous developments, members of the XRP community view other signs of the main demand for XRP in traditional financial markets.

in tweetThe veterinarian, co -founder of XRPCAFE, confirmed that XRP ETF files will not occur without request. “Customers ask this,” He said, with a focus on how investors are increasingly sought to be exposed to XRP.

With the introduction of Grayscale, the number of asset managers who officially connected their intention to provide ETF XRP ETF is now. These include bitwise, CoinsharesAnd Wisdomtree, among others.

Will Blackrock XRP ETF do?

Meanwhile, the deposit in which many in the XRP community takes care of seeing it is one of the Blackrock, the financial giant with $ 10 trillion dollars under management. Blackrock has already has ETF products for Bitcoin and ETHEREUM.

ETF has succeeded in Bitcoin, as it attracted more than $ 40 billion in flows in just one year. until It was classified among the first three places The best investment funds circulated in 2024 in the world.

Looking at this success, the XRP army is impatiently hoped to have a similar position for XRP, and ETF Blackrock expects.

However, the company has made it clear that two current trading investment funds still have a low adoption among customers. Essentially, its energy focuses on expanding the investment funds circulating in Bitcoin and Ethereum instead of following a new product with XRP.

However, with the latest joke of more ETF XRP boxes next week, XRP army finds reasons for the belief that Blackrock can be part of the equation.

Sources with XRP ETF applications. 🙂

Eleanorterrett January 30, 2025