Ripple is recruiting for positions related to encrypted ETFs and may apply for an XRP ETF
According to Fox Business reporter Eleanor Terret, Ripple is seeking a Senior Manager of Business Development position in New York. The job requirements involve promoting ETF plans related to cryptocurrency or implying that the company is preparing to apply for an XRP ETF. Eleanor Terret stated that the premise of a spot XRP ETF requires a futures ETF. One reason why Bitcoin spot ETF was approved by the US SEC is because they concluded that the CME Bitcoin futures market is sufficient for monitoring fraud and manipulation. If a futures XRP ETF can be launched, it would be a step towards achieving a spot ETF in the right direction.
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