XRP ETP Exists On The Swiss Stock Exchange And Is Among The Top Five In Terms Of Market Turnover
While the fate of the XRP exchange-traded fund (ETF) in the US is surrounded by uncertainty, there is another investment vehicle for XRP on a well-known stock exchange in Europe. In a recent tweet, XRP influencer Darren stated that the XRP ETF exists on SIX Swiss Exchange, a leading cryptocurrency investment firm. However, the SIX stock exchange offers a different form of exchange-traded product (ETP) for XRP rather than ETFs.
Notably, ETP is a basket term that refers to different types of investment instruments such as exchange-traded commodities (ETC), exchange-traded notes (ETN), and exchange-traded funds (ETF). Darren's tweet contained a copy of the exchange's latest monthly financial report.. (Crypto News) ☕
