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"Ripple Spot ETF, Currently 3 Applications... Additional Issuers Expected to Participate"

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Suehyeon Lee
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  • "Ripple" is showing a rapid upward trend, and it is expected that applications for Ripple spot ETFs will increase, according to reports.
  • Currently, applications for Ripple ETFs have come from "Bitwise", "Canari Capital", and "21Shares", among others, according to the Nate Geraci CEO.
  • "Ripple"'s market capitalization has also increased significantly, placing it in the 4th position on CoinMarketCap.
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Ripple (XRP) is showing a rapid upward trend, and it is expected that applications for Ripple spot ETFs will increase.

On the 2nd (local time), the CEO of Nate Geraci ETF Store stated through his X (formerly Twitter), "Currently, applications for Ripple ETFs have come from Bitwise, Canari Capital, and 21Shares, among others. Additional issuers are expected to participate."

Meanwhile, Ripple is currently showing a strong upward trend, trading at 2.33 dollars, up 24.27% from the previous day on the CoinMarketCap. The market capitalization has also increased significantly, recording approximately 1,331.5 billion dollars as of 11:26 AM, placing it in the 4th position.

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shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.