SEC Approves Generic Listing Standards for Crypto ETFs The SEC has approved Generic Listing Standards (GLS), removing the lengthy 240-day review period for crypto ETFs. This landmark decision enables exchanges like Cboe, Nasdaq, and NYSE to list commodity-based trust shares, including XRP-focused funds, under streamlined rules. Analysts argue the move could unleash a flood of…
Soaring Confidence in XRP ETF Approval XRP is gaining momentum in financial markets as optimism over a spot ETF approval continues to rise. Data from prediction market Polymarket shows approval odds climbing to 94% on Sept. 7, up from 86.8% at the end of August. This sharp increase reflects growing investor belief that the SEC…
The narrative is shifting with the buzz surrounding a potential Dogecoin ETF and a surprising resurgence in XRP ETF conversations. The ETF era in crypto has entered a thrilling new phase, where meme coins are no longer just speculative tokens but evolving into institution-worthy assets. These legacy giants are setting the stage for newer, more…
XRP‘s most recent trading volume surge further implies XRP’s selling pressure contributed to the recently muted sentiment within the rest of the crypto market. The tremor was secondary to the US SEC announcing the postponement of reviewing the Franklin Templeton XRP-Spot Exchange Traded Fund (ETF). As expected, XRP was not able to reclaim a previously…
