U.S. crypto exchange Coinbase confirmed it had rolled out XRP trading to New York users

United States cryptocurrency exchange Coinbase confirmed it had rolled out XRP trading to New York users in a social media update on May 13.

Amid bitcoin’s (BTC) ongoing bull market, XRP topped the day’s best performers on Tuesday following the news, XRP/USD delivering up to 22% gains in the 24 hours to press time.

Coinbase Pro had originally rolled out XRP support on its platform in February.

The New York addition accompanied news from Europe, with German exchange Boerse Stuttgart revealing it had launched a dedicated exchange-traded note (ETN) for both XRP and litecoin (LTC).

“There is a lot of interest in cryptocurrencies,” Jürgen Dietrich, the exchange’s director of blue chips and funds trading, said in an accompanying press release.

“These ETNs will allow investors in Germany to track future price developments of the two cryptocurrencies Litecoin und Ripple through exchange-traded securities for the first time.”

Also read: CME Group reported record volume for its Bitcoin futures as the crypto surprise bull market continued

Source: https://cointelegraph.com/news/xrp-tops-cryptocurrency-price-gains-after-coinbase-and-etn-rollout