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The U.S. Securities and Exchange Commission (SEC) has officially acknowledged WisdomTree's application to list and trade shares of an XRP exchange-traded fund (ETF).
The SEC has previously acknowledged spot XRP ETF filings from 21Shares, Bitwise Grayscale, and CoinShares.
The SEC is postponing actions on prominent crypto enforcement lawsuits, which may be a way of buying time to dismiss them. It has already postponed the deadline for the Coinbase case but hasn't dropped its biggest lawsuits yet.
WisdomTree's XRP ETF filing joined a basket of applications acknowledged by the U.S. SEC.
XRP's price action has been lackluster recently, despite the U.S. Securities and Exchange Commission (SEC) officially acknowledging Bitwise's application for an XRP exchange-traded fund (ETF). This recognition by the SEC was seen as a significant milestone for XRP holders and investors who hoped for more institutional adoption of the cryptocurrency.
Braza, a financial technology group, has disclosed that it will release a new stablecoin associated with Brazilian Real and run it on the XRP Ledger (XRPL). The digital asset is likely to be out in the market by the first quarter of this year as part of the firm's Braza On app.
Hashdex has secured approval from Brazil's Securities and Exchange Commission to launch the world's first spot XRP ETF, offering investors direct exposure to XRP via Brazil's B3 stock exchange. The approval could pave the way for further crypto ETFs and signals growing institutional interest in digital assets. The post Brazil Approves World's First Spot XRP ETF by Hashdex appeared first on Cryptonews.
The market hit another all-time high today as investors looked past concerns over inflation and tariffs, and bought stocks and cryptocurrencies, which largely rose as well. As of 4:18 p.m.
The first spot XRP exchange-traded fund (ETF) is set to officially debut for trading on the Brazil stock exchange after the country's Securities and Exchange Commission (CVM) approved Hashdex's application.
The US Securities and Exchange Commission (SEC) is soliciting public input on a proposal for an exchange-traded fund (ETF) tied to XRP. In a filing posted on Wednesday, the SEC acknowledged a proposal from Cboe BZX Exchange, Inc. to list and trade shares of the WisdomTree XRP Fund.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
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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.
