November 3, 2024 at 07:48 PM GST updated: November 3, 2024 at 03:44 PM 2 mins read News Institutional XRP demand climbs as top funds seek ETFs, undeterred by the SEC’s ongoing legal battles with Ripple. Ripple’s latest report shows global support for crypto, while the U.S. faces uncertainty with lingering SEC disputes. U.S. crypto…
Bitwise is in the preparation stage for an XRP ETF as its application has been found on the State of Delaware’s Division of Corporations’ website. Experts explain that this initial move does not make an official filing with the US Securities and Exchange Commission imminent. Renowned asset manager Bitwise has filed for a spot XRP…
The recent report that Grayscale Investments has launched an XRP Trust has ignited the hope that XRP ETF could be in the pipeline. Ripple’s boss, Brad Garlinghouse, has stated on multiple occasions that his company would welcome XRP ETF from any issuer. Crypto asset manager Grayscale Investments has announced the launch of US XRP Trust,…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Grayscale Investments, a well-known digital asset management firm, has announced plans to launch a closed-end fund focused on XRP, the popular cryptocurrency token. According to a release, this new offering will allow investors to gain direct exposure to XRP, which has seen renewed interest following recent legal developments. This…
Grayscale has launched the first U.S. XRP Trust, aiming to provide institutional exposure to XRP’s unique cross-border payment capabilities. The trust could be converted into an ETF, pending SEC approval, signaling potential mainstream adoption of XRP. Grayscale Investments has officially launched its first U.S.-based XRP Trust, causing waves in the cryptocurrency market. At the time…