A new report from market research firm Kaiko shows that an exchange-traded fund (ETF) focused on XRP is more likely to receive regulatory approval than recently proposed spot funds tracking other major altcoins. Kaiko attributes XRP’s advantage to its strong liquidity, especially as spot trading volumes on U.S. exchanges surged to their highest level since the outbreak of major lawsuits in 2020 that led to the delisting of XRP. Currently, XRP is the fourth largest cryptocurrency in the world by market capitalization.
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BlockchainCloudMining is a legal company registered in the UK, dedicated to network encryption technology services, licensed and regulated by the UK Financial Services Authority, and abides by local laws and regulations. Since its establishment in 2018, it has been trusted by more than 2.8 million users. The company’s mission is to make cloud mining accessible to everyone, providing the most advanced technology and the largest industrial data center.
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