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Ripple (XRP) Price Explodes Above $0.51 on False Spot Bitcoin ETF Approval Reports

Ripple’s XRP is exploding on reports that there’s an approved spot Bitcoin ETF.

Ripple’s XRP has skyrocketed above $0.50 in the past few minutes. The cryptocurrency seems to be following the uptick in the entire market, as most coins are trading well in the green.

The main reason for the increase in Ripple’s XRP price seems to be that of reports circling an approved spot Bitcoin ETF.

Cointelegraph  tweeted on the matter, but the story is developing:
"🚨 BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF."

This story is developing and is to be updated with new information.
UPDATE 1:

Most of the gains made by XRP in light of the reports have been erased at the time of this writing.

Read More: https://cryptopotato.com/ripple-xrp-price-explodes-above-0-51-on-spot-bitcoin-etf-approval-reports/
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