NYSE Arca seeks to convert Grayscale's XRP Trust into a spot ETF, with Coinbase Custody and BNY Mellon handling key roles.

Grayscale filed a 19b-4 Form with the New York Stock Exchange (NYSE) to trade its XRP Trust on Jan. 30, which equates to converting the product to an exchange-traded fund (ETF). The trust was introduced on Sept.

After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.

The XRP Ledger (XRPL) has activated the AMMClawback amendment, a major update to improve the regulatory compliance of its Automated Market Maker (AMM) pools. The upgrade, which achieved 91.43% consensus from validators, ensures token issuers have control over assets deposited in liquidity pools under specific conditions.

The recent departure of former SEC Chair Gary Gensler has optimism fresh optimism in the cryptocurrency community regarding the potential approval of spot crypto exchange-traded funds (ETFs). With filings for ETFs for altcoins like XRP, Solana, and Litecoin, the future of such products now hinges on regulatory clarity.

The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one.

The Dogecoin and Shiba Inu prices are rising today, sparking a bullish sentiment among investors. This comes following the massive wave of sell-offs earlier in the week, which led to a significant decline for the foremost meme coins.

On Jan. 30, NYSE Arca, a New York Stock Exchange subsidiary, filed the paperwork to transform Grayscale's $16.1 million XRP Trust into a spot exchange-traded fund (ETF). According to the filing, Coinbase Custody Trust Company, LLC will act as the official custodian, while BNY Mellon Asset Servicing takes charge of administration and transfer duties.

Amid the recent price decline, XRP, the native token of Ripple Labs, has formed a bullish price action pattern and is poised for a double-digit price rally. Today, January 31, 2025, the overall cryptocurrency market seems to be recovering, including Bitcoin (BTC) and Ethereum (ETH), but XRP appears to be struggling.

Grayscale filed a 19b-4 application to create an XRP ETF. The firm has been petitioning the SEC for several new ETF products in recent weeks, and it's far from alone in doing so.

Grayscale Investments has submitted a proposal to convert its XRP (CRYPTO: XRP) Trust into an exchange-traded fund at the New York Stock Exchange. The move comes as part of a broader effort by asset managers to introduce regulated investment vehicles for digital assets.

Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.

Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.

Dogecoin (DOGE), the popular and largest meme coin in the cryptocurrency space, appears to be shifting towards a bullish trend after several days in a downtrend. As of January 30, 2025, along with other major assets, DOGE seems to be recovering, forming a bullish price action.

A subsidiary of the New York Stock Exchange made its move on Thursday to convert Grayscale's XRP Trust to a spot exchange-traded fund.

Crypto asset manager Grayscale Investments has filed for Spot $XRP ETF with the New York Stock Exchange (NYSE) in a move that could drive cryptocurrency adoption. Responding to a post on the X platform, some enthusiasts described the development as great news in the cryptocurrency ecosystem as a Spot ETF could provide easier access.

Billionaire Mark Cuban has slammed the newly launched TRUMP coin, labeling it a symbol of “crypto chaos” while offering praise for established meme coins like SHIB and DOGE.

Crypto asset management giant Bitwise is hoping to launch a spot exchange-traded fund (ETF) for Dogecoin (DOGE). Bitwise has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the top memecoin ETF.

With former SEC Chair Gary Gensler's exit on Monday, a wave of optimism has swept through the XRP community.

The two prominent tokens have captured significant attention: Ripple (XRP) and Dogecoin (DOGE). Regional investor groups gravitate towards the distinct digital currency protocols that XRP and DOGE present to the market.

The stablecoin Ripple USD (RLUSD) surpassed $3.02 trillion in total trading activity just over a month after its debut on centralized exchanges, according to a CCData report. In January alone, RLUSD recorded $2.84 trillion in trading volume as of Jan. 23, establishing itself as the fourth-largest stablecoin by trading volume.

Grayscale Investments has filed with the New York Stock Exchange to offer a spot XRP exchange-traded fund. This filing aims to convert Grayscale's existing XRP Trust into an ETF, allowing shares to be listed and traded on the NYSE.

In a recent development, Asset Manager Grayscale has filed a 19b-4 form through the NYSE to launch an XRP ETF. “Grayscale Investments has filed with the New York Stock Exchange (NYSE) to offer a spot XRP exchange-traded fund (ETF).

DTX Exchange could become the next explosive gem of the year. This viral altcoin is poised to deliver value and incredible returns similar to DOGE's rally in 2021.

Grayscale has filed with the SEC to list an XRP ETF on the NYSE Arca, following last weeks Solana and Litecoin ETF filings. The post Grayscale files for XRP ETF with NYSE as institutional demand rises appeared first on Crypto Briefing.

Ripple (XRP) eyes $4 next while Shiba Inu (SHIB) gathers steam for its next big move; DTX Exchange (DTX) is on track for a 100x upswing after Tier-1 exchange listings.

Asset manager Grayscale has filed with the New York Stock Exchange (NYSE) to offer a Spot XRP ETF. This comes just days after the asset manager filed for a Litecoin and Solana ETF.

Dogecoin (DOGE) is expected to skyrocketed almost 10% in the near future, claims crypto analyst Ali Martinez.

Jack McDonald, SVP of stablecoins at Ripple, has announced that the market cap of Ripple USD (RLUSD) has surpassed $100 million.

The crypto world keeps changing, with new projects trying to become the next big hit. Ripple (XRP) shows what's possible in crypto,

Ripple Labs, the developers of the XRP token and XRP Ledger (XRPL), is set to unlock 1 billion XRP tokens on February 1, 2025. The unlock event will release approximately $3.10 billion worth of cryptocurrency into the market.

Dogecoin has faced a sharp decline over the past 10 days, erasing a significant portion of investors' profits. The meme coin lost nearly $8 billion in market cap, impacting market sentiment and rising skepticism.

XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors' bullish conviction in the altcoin.

XRP reached a new all-time high of $3.41 on January 16. However, it has remained rangebound since then, facing resistance at $3.27 and finding support at $2.94.

The XRP Ledger (XRPL) is set to undergo a major amendment as part of its move to enhance the layer-1 network. Per the details shared by XRPScan, the AMMClawback amendment will enable token issuers to retrieve assets in defined circumstances.

Brady Swenson, co-founder of the Bitcoin-focused financial services platform Swan, unleashed a series of accusations against Ripple CEO Brad Garlinghouse on January 29 via X.

Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.

Some of the most optimistic targets are up to $14 per coin.

When it comes to the rivalry between XLM and XRP, things are getting interesting. After a rough few months, Stellar's XLM token may finally have reached a key low against its long-time competitor, XRP.

The meme coin ecosystem is witnessing remarkable development as Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE record a price recovery. This has triggered speculation on the broader market as participants wonder if the current resurgence signals the comeback of meme coins.

A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.

Big crypto whales are making waves as we head toward 2025, loading up on DOGE and Lightchain AI. These deep-pocketed investors always seem to know something the rest of us don't, and their latest moves have the crypto community buzzing.

Skilled commodities trader Peter L. Brandt, who has been in the trading business since the 1970s, has addressed the XRP community to announce some good news to them and make a bullish XRP price prediction.

Discover why experts believe DTX, an ERC-20 token, could surge from $0.16 to $5, potentially outperforming Dogecoin (DOGE) and Stellar Lumens (XLM) in the crypto market.

Experts, including Ripple CTO David Schwartz, argue that while Bitcoin and XRP are not currently quantum-proof, the urgency around quantum computing threats is overstated.

Ripple, the company behind XRPL and the XRP token development, will unlock 1 billion XRP on February 1, Saturday. At current prices, this unlock is worth $3.10 billion, of which Ripple could sell a fraction throughout the month.

Discover the utility altcoin (DTX Exchange) that's gaining traction among Dogecoin traders, with potential gains of up to 27,000% as Ethereum's price tanks.