Crypto market experts have discussed the prerequisites for the Securities and Exchange Commission (SEC) to approve a Spot XRP ETF.
Speculation about a Ripple XRP ETF has increased following the approval of Bitcoin ETFs in the US, but the ongoing lawsuit between Ripple and the SEC is a major barrier.
Experts suggest that an XRP ETF might become more feasible after 2024, depending on clearer regulatory guidelines.
The lawsuit between Ripple and the SEC is crucial, with Ripple achieving some court victories recently.
Gemini's announcement of offering XRP perpetual contracts stirred speculation but did not indicate an imminent XRP ETF.