XRP Spot ETF - Toronto Stock Exchange
Yesterday Spot ETFs launched in Canada and the main take away I can see with this is there were spot Bitcoin ETFs in Canada, Brazil, Dubai ....etc before the SEC approved the ETFs in the United States.
There are proposals to have XRP, SOL, DOGE, LTC etf products out there and eventually several of them will likely get approved.
For XRP I think it could certainly finish out this bull run at $8-10. There is a lot I don't like about XRP but I think there is certainly some upside and the market has spoken. It hasn't fallen away in all these years.
In some respects I don't necessarily want to see DOGE ever be given an ETF because in a lot of ways it is the purest crypto. It isn't a VC Chain, it wasn't premined, it has gone through it's booms and bust periods and I would rather it not be directly influenced by wall street.
What do you guys think about these Spot ETF products?
P.S. That Castro Jr picture will always make me laugh 🤣🤣🤣
we have targets of 19 dollars per xrp if i remember correctly. 15 at least but i think, technically, 19 usd. macro targets that is
Anything is possible in that upper channel. I'm going to stay slightly more conservative but I could see it pumping pretty hard.