XRP Gains Momentum with US Spot ETF Listing and Robust Security Assurances
XRP Gains Momentum with US Spot ETF Listing and Robust Security Assurances
News surrounding XRP has been overwhelmingly positive, with the announcement of the first spot-based XRP Exchange-Traded Fund (ETF) slated to begin trading in the US, expected to significantly boost institutional access. Concurrently, Ripple CTO David Schwartz has provided strong assurances regarding the security of XRP on the XRP Ledger (XRPL), emphasizing its resilience against external compromise and reassuring holders.
US Spot XRP ETF Officially Gets Listing Notice
In a significant development for the cryptocurrency market, the inaugural "pure" spot-based XRP exchange-traded fund is set to commence trading in the United States this Thursday. This marks a pivotal moment for XRP, potentially opening new avenues for mainstream investment and institutional adoption by making it more accessible to traditional investors.
Ripple CTO Affirms XRP Security on XRPL
Further bolstering confidence in the digital asset, Ripple CTO David Schwartz has publicly stated that XRP cannot be stolen from the XRP Ledger (XRPL). Schwartz highlighted the robust architecture of the XRPL, asserting that neither third-party intervention nor external chains can compromise the security of XRP holdings. This statement aims to reassure investors about the integrity and safety of their assets within the XRPL ecosystem.