Asset management giant BlackRock is currently holding off on launching exchange-traded funds (ETFs) for the XRP and Solana cryptocurrencies. The firm cites multiple reasons for this pause, centered on navigating an uncertain regulatory landscape and gauging institutional demand. Key factors… Read More »BlackRock Pauses XRP and Solana ETF Plans Amid Regulatory Uncertainty and Market Factors
A comprehensive digital asset report issued by the White House extensively references major cryptocurrencies Bitcoin and Ethereum while notably omitting any mention of the XRP token. The report highlights Bitcoin’s dominant role, mentioning it 129 times, and emphasizes its foundational… Read More »White House Report Emphasizes Bitcoin and Ethereum, Omits XRP Amid Regulatory Uncertainty
The U.S. Securities and Exchange Commission (SEC) has unexpectedly paused the conversion process of Bitwise’s 10 Crypto Index Fund into an exchange-traded fund (ETF), prolonging regulatory ambiguity for XRP and altcoin-based ETFs. This reversal countermands initial approval granted by the… Read More »SEC Halts Bitwise ETF Conversion, Extending Regulatory Uncertainty for XRP and Altcoins