Matt Hougan: "An XRP ETF Is Just a Matter of Time… Only the SEC’s Decision Remains"
Minseung Kang
Summary
- Matt Hougan, CIO of Bitwise, shared that the launch of an XRP ETF is 'just a matter of time.'
- He stated that demand for cryptocurrency ETFs that go beyond Bitcoin is increasing.
- Only the decision from the U.S. Securities and Exchange Commission (SEC) remains, and he added that the industry is quietly but steadily making progress.
Matt Hougan, Chief Investment Officer (CIO) of Bitwise, expressed an optimistic outlook by saying that the launch of an XRP (XRP) Exchange-Traded Fund (ETF) is 'just a matter of time.'
According to Coinpedia, a cryptocurrency-focused media outlet, on the 6th (local time), Matt Hougan stated at a recent conference held in Las Vegas, United States, "Demand for cryptocurrency ETFs that go beyond Bitcoin is increasing," and "Now, it's time for the U.S. Securities and Exchange Commission (SEC) to answer with a 'yes' or 'no.'"
He added, "I can't comment on the specifics of filing documents, but the industry is quietly yet steadily making progress."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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