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Crypto ETFs are significant because they allow investors, especially institutional investors, to gain exposure to cryptocurrencies and digital assets without holding these assets directly.predicted that any XRP exchange-traded fund was inevitable and that it was only a matter of time before many other cryptocurrencies were approved for comparable fund offerings.
At the time of writing, XRP was up 0.98% in the last 24 hours to $0.521. XRP boasts a 70.88% increase in 24-hour trading volumes, coming in around $1 billion.is seeking to decisively break above the daily SMA 50 at $0.52 after trading near it in recent days. This barrier has significantly constricted the XRP price since mid-April.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.