Big news for XRP, a type of cryptocurrency! The SEC, a government group that watches over money, might soon let people buy and sell XRP more easily. This is because a company wants to make an XRP fund, kind of like a special savings account for XRP, that's easier to buy and sell than XRP itself.
- A company wants to make it easier to buy and sell XRP.
- The government might say yes soon.
- XRP's price has gone down recently.
Thing | Number |
---|---|
XRP in the fund | $16.1 million |
Chance of approval (guess) | 81% |
XRP price drop since January | almost 30% |
Think of it like trading Pokemon cards. Instead of trading individual cards, you can trade a pack of cards all at once. This makes it easier for everyone.