Bloomberg senior ETF analyst James Seyffart made statements that created great expectations in the cryptocurrency market. Stating that multiple institutions are preparing for the XRP ETF launch following Canary Capital’s Ripple spot ETF move, Seyffart said that a busy calendar that can be referred to as “XRP ETF week” is on the horizon in the market. Related News: Bitcoin Price Continues to Fall - So What's Behind This Relentless Decline? Experts Weigh In According to Seyffart, Bitwise is preparing to launch its XRP spot ETF tomorrow. The analyst noted that the fund's prospectus has been activated on Bloomberg Terminal, and that the fund will use a highly prestigious “elite ticker” like $XRP. The analyst's base case is for Grayscale's Spot XRP ETF to begin trading on Monday, November 24. The company's long-rumored Dogecoin ETF is also expected to launch on the same day. Seyffart also stated that Franklin Templeton's Spot XRP ETF could launch on Monday, November 24. This could mean that two major institutions launch Ripple ETFs on a single day. *This is not investment advice. Continue Reading: Bloomberg Analyst Reveals: Tomorrow and This Date Are Crucial for XRP
