π¨π The XRP ETF Train is Leaving the Station! π
Oh dearie me, the great crypto ETF chase is on, and XRP is hot on the heels of its competitors! πββοΈ The Bitwise crew has just had their 19b-4 filing officially acknowledged by the SEC, which means the agency’s approval process has begun. And, as we all know, the SEC is like the grumpiest of grandmas – they can approve, disapprove, or institute proceedings, and we’re all just sitting here twiddling our thumbs, waiting for the verdict! π€
Now, you’d think this would send XRP soaring to new heights, but alas, it seems the poor thing is stuck in the red, down by over 5% in the past 24 hours. It’s like trying to get a cat to do tricks – it just won’t budge! π
But fear not, dear XRP enthusiasts! The lawsuit against Ripple is still ongoing, and experts say it needs to be wrapped up before any XRP ETF can see the light of day. It’s like waiting for the school bus – it’s always just around the corner, but never quite arrives on time! π
And, if that weren’t enough, Bloomberg’s ETF experts have declared XRP not the leader in the pack, placing Litecoin and Dogecoin ahead of it. It’s like being stuck in a never-ending queue at the DMV – you just can’t seem to get ahead! π
But, as the great and powerful Brad Garlinghouse, CEO of Ripple, would say, “An XRP ETF is inevitable!” And we’re all just sitting here, twiddling our thumbs, waiting for the inevitable to happen. Or not. π€·ββοΈ
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2025-02-18 23:05