XRP ETF Speculation Heats Up After Grayscale Big Win
The cryptocurrency market buzzes with speculation about an imminent XRP exchange-traded fund (ETF) launch. Following the success of spot Bitcoin ETFs, investors are now eyeing altcoins, with XRP emerging as a top contender. The latest push for an XRP ETF comes from crypto influencer Ben “BitBoy” Armstrong, who highlighted the surging performance of Grayscale’s XRP […]
XRP in Focus as Grayscale Aims to Transform GDLC Fund into Spot ETF
Grayscale, a leading asset management firm, has made a major move by filing a request with the Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). Bloomberg’s ETF analyst, James Seyffart, shared the news, noting that XRP is one of the key assets in the […]
Ripple Fuels XRP ETF Excitement with Major 150 Million XRP Move
Ripple has transferred 150 million XRP, worth approximately $85 million, in the midst of growing excitement over a potential XRP ETF. Whale Alert, a well-known blockchain tracker, reported the transaction. The transfer was completed early Friday at 4:40 AM (UTC), with Ripple moving the funds from its affiliated address “rBg…91m” to an unidentified wallet, “rP4…xv3.” […]
XRP ETF Buzz Amid Valour and 21Shares ETPs
The XRP community is eagerly awaiting the launch of an XRP ETF, especially since the U.S. SEC has recently approved spot ETFs for Ethereum and Bitcoin. Enthusiasts believe a similar investment product for XRP could positively impact its market price, mirroring the effects seen with Ethereum and Bitcoin. Consequently, prominent community figure Crypto Eri has […]