Bloomberg analysts continue to assign a 95% probability to the approval of an XRP exchange-traded fund (ETF), even as broader market sentiment indicates a drop in approval odds to 66% following a dissenting vote by SEC Commissioner Caroline Crenshaw. Crenshaw… Read More »Bloomberg Analysts Maintain 95% Confidence in XRP ETF Approval Despite SEC Commissioner’s Dissent
BlackRock is preparing to file for an iShares XRP exchange-traded fund (ETF) following Ripple’s definitive legal settlement with the U.S. Securities and Exchange Commission, with industry analysts projecting a 95% likelihood of regulatory approval. This anticipated move aligns with applications… Read More »BlackRock Poised to File for XRP ETF Amid High Approval Expectations After Ripple-SEC Resolution
The U.S. Securities and Exchange Commission is anticipated to approve an XRP exchange-traded fund by late 2025, fueled by updated cryptocurrency exchange-traded product standards and progress in Ripple’s legal proceedings with the regulator. Bloomberg senior ETF analyst Eric Balchunas estimates… Read More »XRP ETF Expected to Gain SEC Approval by Late 2025 Amid Regulatory Shifts and Legal Developments
XRP experienced a significant market capitalization surge exceeding $40 billion within a single week, propelling its price to an all-time high of $3.49. This dramatic growth is primarily attributed to heightened institutional interest and the landmark approval of ProShares’ XRP… Read More »XRP Market Cap Surges $40 Billion Fueled by ETF Approval and AI Bullish Forecasts
Purpose Investments has received final regulatory clearance from the Ontario Securities Commission (OSC) to launch the Purpose XRP ETF on the Toronto Stock Exchange. The approval enables the ETF to commence trading starting June 18, providing investors with a regulated… Read More »Purpose Investments Secures OSC Approval for XRP ETF Launch on Toronto Stock Exchange
The U.S. Securities and Exchange Commission is preparing to rule on spot XRP exchange-traded fund applications submitted by ProShares and Franklin Templeton. This regulatory decision represents a pivotal moment for XRP’s integration into traditional finance, potentially unlocking new institutional adoption… Read More »SEC’s Imminent XRP Spot ETF Decision Poised to Reshape Market Dynamics
Purpose Investments has secured regulatory approval from the Ontario Securities Commission (OSC) to launch Canada’s inaugural exchange-traded fund (ETF) tracking XRP. The ETF is scheduled to commence trading on June 18, 2025, enabling Canadian investors to hold XRP in tax-advantaged… Read More »Canada Approves First XRP ETF Offering Tax Advantages in Registered Accounts