News with the tag "Spot XRP ETF"

In an interview with Bloomberg, Ripple CEO Brad Garlinghouse discussed the conclusion of Ripple’s lawsuit with the US Securities and Exchange Commission (SEC), as well as the company’s strategic outlook. Garlinghouse touched on everything from a potential IPO to the possibility of XRP playing a role...

Brazil might just become the first country to launch a spot XRP ETF also known as exchange-traded fund, after Hashdex received the green light from the nation’s securities regulator. The Hashdex Nasdaq XRP Index Fund has entered its pre-operational phase, as confirmed by Brazil’s Securities and Exch...

After two weeks of trading within the $2.30 to $2.50 range, the XRP price appears to be on the brink of a significant price movement. Potentially entering a new price discovery phase for the first time in seven years, analysts suggest a possible surge to new record highs. Bullish Targets For XRP Pri...

The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the sta...

On Thursday, the Chicago-based Cboe Exchange filed four separate 19b-4 applications with the US Securities and Exchange Commission (SEC), seeking approval to list and trade spot XRP exchange-traded funds (ETFs) proposed by WisdomTree, Bitwise, 21Shares, and Canary. The submissions mark the latest st...

In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings. CoinShares ...

JPMorgan Chase & Co. Analysts have made a significant projection regarding the potential impact of a new wave of exchange-traded funds (ETFs) focused on alternative crypto assets. Should these funds receive the green light from the US Securities and Exchange Commission (SEC), they could attract infl...

In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will see ...

Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund. Growing Interest In XRP ETF The pro...

WisdomTree spot XRP ETF, managed by the Bank of New York Mellon, offers institutional investors indirect exposure to the cryptocurrency. Read original article on coincu.com