<ul><li>Regulatory clarity is key for XRP&#39;s potential spot ETF, with a futures ETF as a crucial step.</li><li>XRP Ledger&#39;s growth with 5.03M wallets highlights its expanding influence in the crypto market.</li><li>Legal outcomes could pivot XRP&#39;s future, possibly paving the way for an ETF by 2025.</li></ul>The burgeoning growth of the XRP Ledger, now hosting over 5.03 million unique wallets with holdings in XRP, marks a pivotal point in its over-a-decade-long journey. As per Santiment, an analytic platform, this surge, amounting to a 104% increase in the past three years, underscores the network&#39;s robust engagement.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/5b2f1bd07d5d4b9c9ed16ac1747376b9.png" />Additionally, the successful launch of a spot Bitcoin ETF has pivoted market focus towards leading altcoins, notably Ethereum and XRP. However, the pathway to a spot XRP ETF seems fraught with regulatory hurdles, necessitating a nuanced approach as suggested by analysts.Eleanor Terrett, a seasoned journalist with Fox Business, casts a spotlight on the<a href="https://cryptotale.org/xrp-etf-approval-a-distant-hope-amidst-regulatory-uncertainty/" rel="noopener noreferrer nofollow"> regulatory </a>intricacies surrounding an XRP spot ETF. She underscores the need for an XRP futures ETF as a preliminary step, drawing parallels with the <a href="https://cryptotale.org/legal-expert-highlights-challenges-affecting-xrp-and-sol-in-us-spot-etf-approval/" rel="noopener noreferrer nofollow">regulatory </a>precedents set by spot Bitcoin ETFs. The existence of a futures market, particularly on platforms like the Chicago Mercantile Exchange, is deemed essential by regulatory bodies for ensuring market integrity against fraudulent activities.Read full article at <a href="https://cryptotale.org/xrp-etf-in-sight-analyzing-the-impact-of-regulatory-clarity-on-launch/" rel="noopener noreferrer nofollow">CryptoTale.</a>

XRP ETF in Sight? Analyzing the Impact of Regulatory Clarity on Launch

CryptoTale

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