Brazil Leads Global Markets with First Spot XRP ETF as SEC Reviews Multiple Applications
XRP surged 7.5% to $2.71 as Brazil approved the world's first spot XRP exchange-traded fund while the SEC reviews multiple ETF applications from major asset managers. The developments come amid ongoing regulatory scrutiny and Ripple's legal battle with the SEC over a $1.3 billion lawsuit.
Bitcoin Holds Steady While XRP and Altcoins Show Bullish Momentum
Bitcoin trades within a narrow range as analysts maintain optimistic long-term price targets up to $300,000 by 2025. Meanwhile, XRP, Litecoin, MANTRA and Gate Token display upward momentum amid an explosion of new token launches affecting market liquidity.
SEC Begins Review of Grayscale XRP Trust ETF Proposal Amid Market Rally
The SEC has initiated its evaluation of NYSE Arca's proposal to list the Grayscale XRP Trust as an ETF, beginning a 21-day public comment period. The news sparked positive market reaction, with XRP's price climbing 3.12% amid broader implications for the cryptocurrency's regulatory status.
SEC Whistleblower Lawsuit Exposes Potential Conflicts in Ripple Case
A new lawsuit demands the release of an SEC investigation into alleged crypto conflicts of interest, centered on former Director William Hinman's Ethereum speech and ties to Enterprise Ethereum. The outcome could impact XRP's regulatory status and price trajectory, with potential implications for XRP-spot ETF approvals.
Cboe Takes Bold Step with Four Spot XRP ETF Applications to SEC
Cboe BZX Exchange has filed four separate applications for spot XRP ETFs with the SEC, representing major asset managers like WisdomTree and Bitwise. The applications come amid growing institutional interest and follow Ripple's partial legal victory, with the SEC having 240 days to review once acknowledged.
SEC's Ripple Case Takes New Turn as Bitcoin Surges Past $100K
The cryptocurrency world watches closely as Ripple-related litigation information vanishes from the SEC website, sparking speculation about potential appeal withdrawal. The development coincides with a crucial closed SEC meeting and comes as XRP maintains stability at $3.05 while Bitcoin trades above $100K.
CME Group Dispels Rumors of Imminent XRP and Solana Futures Launch
CME Group clarifies that no official decision has been made on XRP and Solana futures contracts after specifications briefly appeared on their beta website. The incident sparked market reactions and discussions about expanding regulated crypto investment products despite the organization's swift retraction.
XRP Surges to Historic $3.39 as Trump's Election Victory Reshapes Crypto Landscape
Ripple's XRP cryptocurrency has shattered its previous record, reaching $3.39 amid growing institutional interest and anticipated regulatory changes. The surge follows years of SEC-induced suppression and coincides with Trump's election victory, promising a more crypto-friendly regulatory environment.
XRP Soars 20% as Market Recovery Gains Momentum
Ripple's XRP cryptocurrency has surged 20% in the past week, reaching $2.78 amid broader market recovery signs. Technical analysts project ambitious price targets beyond $10 as the token displays remarkable resilience and growing investor confidence.
JPMorgan Predicts $15B Investment Surge for Solana and XRP Exchange Products
JPMorgan analysts forecast potential $15 billion inflows into Solana and XRP exchange-traded products, drawing parallels to Bitcoin and Ethereum adoption patterns. Despite regulatory hurdles in the US, recent data shows growing investor interest with XRP and Solana products attracting significant investments in early 2024.