BlockBeats News, March 26th, The ETF Store President Nate Geraci stated on social media that the resolution of the Ripple case signifies that the approval of a spot XRP ETF is clearly just a matter of time. It is expected that BlackRock, Fidelity, and others will participate.
XRP is currently the third largest non-stablecoin crypto asset by market capitalization. Major ETF issuers will not overlook this fact.
In previous news, Ripple agreed to waive its cross-appeal, with the SEC keeping $50 million out of the $125 million fine.