Do These 9 (or More) Potential Catalysts Make XRP a Buy?
XRP (CRYPTO: XRP) is exposed to quite a few potential catalysts this year, and there's a good chance that at least nine of those catalysts will occur nearly simultaneously. The odds are also good that if one of the catalysts plays out in its favor, the others will follow.But does that (possible) row of dominoes actually make the token worth buying for an investor who wasn't already convinced of its potential?As of March 12, nine asset management companies had submitted materials to the Securities and Exchange Commission (SEC) seeking to get approval to offer an exchange-traded fund (ETF) that holds XRP. The latest business to file for permission, Franklin Templeton, did so on March 11. More companies may submit filings later this year.Continue reading
XRP (CRYPTO: XRP) is exposed to quite a few potential catalysts this year, and there's a good chance that at least nine of those catalysts will occur nearly simultaneously. The odds are also good that if one of the catalysts plays out in its favor, the others will follow.
But does that (possible) row of dominoes actually make the token worth buying for an investor who wasn't already convinced of its potential?
As of March 12, nine asset management companies had submitted materials to the Securities and Exchange Commission (SEC) seeking to get approval to offer an exchange-traded fund (ETF) that holds XRP. The latest business to file for permission, Franklin Templeton, did so on March 11. More companies may submit filings later this year.
