Big news in the world of cryptocurrency! Many companies want to create special funds, called ETFs, that let people invest in XRP, a type of cryptocurrency. It's like buying shares of a company, but instead, you're investing in XRP's value. Think of it as a way to easily buy and sell pieces of XRP.
- Many companies, including Franklin Templeton, are trying to make XRP ETFs.
- An ETF makes it easier to invest in XRP.
- The government agency that decides on these things (the SEC) is still thinking about it.
| Fact | Number/Detail |
|---|---|
| Number of companies who applied for XRP ETFs | At least 9 |
| Example of a company that applied | Franklin Templeton |
| Big company that hasn't applied yet | BlackRock |
