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June 18, 2025

Canada Welcomes First Spot XRP ETF, Will U.S. Follow Suit?

Canada has approved its first spot XRP ETF, marking a significant milestone for the cryptocurrency. While the U.S. delays its decision regarding a similar ETF, market predictions indicate a 90% chance of approval within this year, according to Polymarket. This development raises questions about whether the U.S. will fall behind in the evolving cryptocurrency landscape. The approval of the XRP ETF in Canada could encourage U.S. regulators to accelerate their decisions in favor of similar financial products.

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