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The XRP community is excited. The Teucrium XRP ETF went into effect without direct approval from the SEC. Curious, isn't it?
Experts analyze the situation. The regulatory landscape remains confusing.
An analyst noticed it first. The SEC said nothing. The fund simply began to exist. The crypto people got excited.
Eleanor Terrett clarified some doubts. Does this mean green light for spot ETFs? Not exactly.
The Teucrium ETF is special. It has bonds and cash. It was registered in a particular way. The SEC could ignore it.
Spot ETFs are a different story. They require explicit approval. They will not go unnoticed.
It's a step forward, but with nuances. It shows that there are paths, albeit rare. Spot ETFs are still waiting.
For XRP fans, questions arise. Is this the beginning of something bigger? Or just another bureaucratic tangle? Time will tell.