XRP News: Hashdex Receives Approval for 1st Spot XRP ETF in Brazil
Hashdex secures CVM approval for the first spot XRP ETF in Brazil, marking a major milestone in crypto asset management.
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Hashdex secures CVM approval for the first spot XRP ETF in Brazil, marking a major milestone in crypto asset management.
The SEC has acknowledged filings from CoinShares to list XRP and Litecoin ETFs, according to a Wednesday filing.
Braza, a group of companies that specialize in international payments and transfers, is launching a stablecoin pegged to the Brazilian Real on the XRP Ledger (XRPL), according to a Wednesday announcement.
Crypto markets are trending higher on Wednesday, driven by optimism around potential altcoin spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,045.95 +2.4% Ethereum (CRYPTO: ETH) $2,711.43 +3.5% Solana (CRYPTO: SOL) $168.94 +3.1% XRP (CRYPTO: XRP) $2.66 +7% Dogecoin (CRYPTO: DOGE) $0.2518 +2.4% Shiba Inu (CRYPTO: SHIB) $0.00001531 +2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 4%.
XRP's price trajectory has had ups and downs in the past two weeks. Particularly, the large part of the past seven days was characterized by a notable decline from $2.8 to $2.5 before rebounding at this level.
The U.S. SEC is looking for public comments to decide how to move forward with a proposal for an XRP exchange-traded fund.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
XRP (CRYPTO: XRP) is rallying on the heels of major ETF developments and a social media post from Donald Trump, which sparked rumors about Ripple's potential involvement in crypto reserves. What Happened: The SEC has acknowledged Spot XRP ETF filings from CoinShares, CBOE, and BitwiseInvest, while Brazil's SEC equivalent approved the first-ever spot XRP ETF by Hashdex.
The U.S. Securities and Exchange Commission is yet to pause its appeal against Ripple due to the fact that it is prioritizing cases with imminent court deadlines, according to legal sources cited by Fox Business.
Brazil's Securities and Exchange Commission (CVM) has given the green light to Hashdex to launch the world's first XRP spot Exchange-Traded Fund (ETF) named the HASHDEX NASDAQ XRP INDEX FUND.
The U.S. SEC formally recognized Litecoin and XRP ETF filings submitted by CoinShares, adding to a growing list of pending applications based on Ripple's native token.
TL;DR The SEC has acknowledged CoinShares' filings to list XRP and Litecoin ETFs on Nasdaq, a crucial step in cryptocurrency regulation. The SEC will open a 21-day public comment period before deciding on the approval of these ETFs. In the last 24 hours, XRP is up 7.27% and Litecoin is up 10.78%. The U.S.
The U.S. SEC has acknowledged a spot XRP ETF application, marking a step toward potential regulatory approval. The review process could determine whether XRP joins Bitcoin and Ethereum in the ETF market. The post SEC Acknowledges Spot XRP ETF Application appeared first on Cryptonews.
Trump seems pleased with Ripple reinforcing its operations on American soil.
XRP, the native token of Ripple Labs, is once again showing strength as its price continues to soar. On February 19, 2025, the asset witnessed an impressive recovery, surging 6.5% from $2.51 to $2.65 in the past 24 hours.
Brazil's approval of the XRP ETF could accelerate global crypto adoption and influence regulatory stances in other countries. The post World's first XRP spot ETF to debut on Brazil's leading stock exchange appeared first on Crypto Briefing.
There have been speculations on why the XRP lawsuit involving the US Securities and Exchange Commission (SEC) and Ripple hasn't been puased like the Binance and Coinbase case. Now, FOX Journalist Eleanor Terrett has provided insights into why the Commission hasn't asked for a pause in its long-running legal battle against the crypto firm.
Hashdex has reportedly received regulatory greenlight to launch what would be the world's first XRP spot exchange-traded fund.
The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has been one of the most talked-about topics in the cryptocurrency world. Recently, there have been hints that the SEC may pause its lawsuit against Ripple, raising questions about the future of the case and XRP's market performance.
Exchanges have witnessed an outflow of $76 million worth of XRP.
Whale investors are showing confidence in XRP despite the token facing increased bearish pressure in the short term, alongside the general cryptocurrency market.
The first exchange-traded fund based on the popular cryptocurrency XRP is about to be launched in Brazil.
The Hashdex Nasdaq XRP fund is currently in a pre-operational phase, but does not yet have an official start date.
In a surprising turn of events, Brazilian Securities and Exchange Commission (CVM) approved the country's first spot XRP exchange-traded fund (ETF). Reportedly, the SEC authorized the XRP ETF application submitted by asset manager Hashdex, paving the way to launch the first XRP ETF in Brazil.
