RATE Group | Ran NeuNer believes There Will Be a Bitcoin ETF by 2018 and The CEO of Arrington XRP Cap…
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Ran NeuNer believes There Will Be a Bitcoin ETF by 2018 and The CEO of Arrington XRP Cap…

05 Aug Ran NeuNer believes There Will Be a Bitcoin ETF by 2018 and The CEO of Arrington XRP Cap…

Posted at 00:45h in Bitcoin News by

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The Bitcoin (BTC) market has had a bearish week in which the value of the token dropped over 1k to around 7000 USD at the time of writing this article. Many attribute this drop in prices to a market reaction after the SEC decided to deny the Winklevoss twins’ request for a Bitcoin ETF.

Such disappointing news may be taken as a sign that the massive adoption of cryptocurrencies is not viable in the near future, discouraging institutional investments from injecting massive amounts of capital into the cryptocurrency market.

In an interview with Ran Neuner from Crypto Trader, Michael Arrington [CEO – Arrington XRP Capital] commented that the cryptomarket is particularly promising, confirming his bullish expectations in the short term.

He commented that although he has more money invested in Bitcoin (BTC), his firm has the name of Ripple’s XRP token because of the extraordinary practical use this token gives to adopters:

“Ripple, or in this case XRP which is the actual currency, is…

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