{"id":139782,"date":"2024-10-16T11:00:25","date_gmt":"2024-10-16T08:00:25","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139782"},"modified":"2024-10-16T00:03:53","modified_gmt":"2024-10-15T21:03:53","slug":"heres-what-could-enhance-the-odds-for-xrp-etf-approval","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/heres-what-could-enhance-the-odds-for-xrp-etf-approval\/","title":{"rendered":"Here\u2019s What Could Enhance the Odds for XRP ETF Approval"},"content":{"rendered":"

Nate Geraci, President of the ETF Store, shared insights on the potential approval of XRP<\/a><\/strong> ETFs by the US SEC, suggesting that a Donald Trump victory in the upcoming election could boost their chances.<\/p>\n

Trump has promised a more crypto-friendly approach, which Geraci believes would create a favorable environment compared to the current administration.<\/p>\n

However, he cautioned that approval is not guaranteed, noting the absence of CME-traded futures for XRP, which has complicated the SEC\u2019s past ETF decisions.<\/p>\n

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Additionally, the SEC would require a surveillance-sharing agreement to address market manipulation concerns, but many exchanges trading XRP remain unregulated.<\/p>\n

Geraci stressed the need for Congress to establish clear guidelines on which crypto assets are classified as securities. Meanwhile, Ripple co-founder Chris Larsen supports Kamala Harris, citing her understanding of the innovation economy.<\/p>\n