The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.
Ripple (XRP) price has surged 182.80% in the last 30 days and 30.26% in the past week. While its EMA lines remain bullish, with short-term lines above long-term ones, indicators like RSI and CMF suggest the uptrend could be losing steam.
Asset manager WisdomTree has filed for an XRP exchange-traded fund (ETF) in Delaware, the first step in the U.S. regulatory process.
WisdomTree has filed to create an XRP exchange-traded product in Delaware, marking its entry into the XRP ETF race and signaling potential regulatory progress for cryptocurrency investments amid ongoing legal challenges faced by Ripple Labs. The post Global ETF Provider WisdomTree Files for XRP ETF in Delaware appeared first on Cryptonews.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
The XRP ETF file has stirred optimism in the crypto sector, with analysts tying the move to the potential policy shifts expected under President-elect Donald Trumps administration. XRP ETF Filing Marks a Critical Turning Point On November 25, the New York-based asset manager WisdomTree Funds signaled its intention to file with the US Securities and Exchange Commission by registering in Delaware for an XRP (XRP) exchange-traded fund (ETF), Cointelegraph reports.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Asset manager WisdomTree has joined the XRP ETF race with its own filing.
Moving beyond Bitcoin, asset managers are now eyeing towards XRP as the next big player in the ETF space. In a latest develoment, the Global ETF provider WisdomTree has filed to launch an XRP ETF in the U.S. notably, this is the third filing to establish a spot XRP ETF in the country.
Prominent asset manager and exchange-traded fund issuer Wisdom Tree is reportedly filing for an XRP ETF product. According to Eleanor Terret of Fox News, $100 billion asset manager Wisdom Tree has registered for an XRP ETF in the state of Delaware.
Here are some of the latest XRP price predictions.
WisdomTree, the New York-based asset manager handling over $113 billion in assets, has filed an application to establish an XRP exchange-traded fund (ETF) in Delaware, United States. The proposed fund, named the WisdomTree XRP Fund, claims to give investors regulated exposure to XRP, the sixth-largest crypto by market capitalization.
Asset manager WisdomTree has filed for a trust entity in Delaware, a preliminary step toward launching an exchange-traded fund (ETF) focused on XRP. If approved, the ETF would track XRP's price, expanding institutional investors' access to digital assets.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
TL;DR WisdomTree, with $113 billion in assets under management, is moving forward with the launch of an XRP-based ETF. The firm has filed with Delaware regulatory authorities to create a trust that will serve as the foundation for the ETF, which aims to track the price of XRP.
WisdomTree, a global asset manager overseeing around $113 billion in assets, has initiated the process for launching an XRP ETF.
Archax will provide access to a money market fund from UK asset manager abrdn in tokenized form on the XRP Ledger.
New York-based asset management firm WisdomTree has officially filed for registration to launch an XRP ETF (Exchange-Traded Fund) in Delaware.
Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency by market capitalization, and join a growing list of applications for crypto ETFs, which are reshaping institutional access to digital assets.
Appearing to follow in the footsteps of Bitwise and Canary Capital, WisdomTree filed to register and XRP ETF entity.
TL;DR Ripple launches the first tokenized fund on the XRP Ledger (XRPL), based on abrdn's US Dollar Liquidity Fund, managing $3.8 billion. The collaboration with Archax and abrdn marks a significant step in real-world asset (RWA) tokenization and the adoption of blockchain in institutional finance.
XRP whale activity is signaling possible sustainable bullish momentum for the asset, which has broken out after prolonged price consolidation.
On Monday, it was announced that asset manager WisdomTree has entered the race for a spot XRP ETF. The move comes at a pivotal time, marked by expected leadership changes at the US Securities and Exchange Commission (SEC) and the recent election of Donald Trump.
The XRP price has witnessed significant gains today, providing a bullish outlook for the crypto even as the broader crypto market witnesses a retracement led by Bitcoin. With XRP looking so bullish, crypto analyst Dark Defender has predicted that the crypto could reach $5 by December.
WisdomTree's move into XRP ETFs signals growing diversification in crypto investment products, potentially broadening market participation. The post WisdomTree files for XRP ETF via Delaware trust appeared first on Crypto Briefing.
New York-headquartered asset management firm, WisdomTree has filed a registration statement for XRP ETF in Delaware. With this preliminary move, the firm is likely days away from officially filing for the product with the US Securities and Exchange Commission (SEC).
Renowned trader and market analyst Peter Brandt, long known for his critical stance on XRP, has stunned the crypto community with a surprisingly bullish forecast for the Ripple-affiliated token.
The XRP Ledger network is experiencing a phase of strong expansion, demonstrating a growing interest from users and companies in the blockchain sector. Recent data shows that, since October 2024, the active nodes on the network have increased by 46%, bringing the total to 828 nodes.
Ripple and Archax just made a big move that could change how institutional finance works. Together, they've launched the first ever tokenized money market fund on the XRP Ledger (XRPL). It's based on abrdn's $3.8 billion US Dollar Liquidity Fund, and it's a huge deal for anyone watching the rise of tokenized assets.
After a multi-week winning streak in the wake of Donald Trump's re-election and the announcement Chair Gary Gensler will be stepping down from the Securities and Exchange Commission (SEC), the cryptocurrency market entered a zone of uncertainty and high volatility over the weekend.
As became known thanks to the latest weekly research by CoinShares, investment products linked to the popular cryptocurrency saw a staggering result with inflows of $15.2 million. In fact, this is 353% higher than the week before and brings the year-to-date total for XRP-focused ETFs to $46 million.
XRP's open interest, which refers to the total number of open futures or options contracts, has hit a new record high of $2.6 billion, according to CoinGlass data.
The XRP price has staged a strong recovery this month, making it one of the best-performing top ten cryptocurrencies. Ripple (XRP) peaked at $1.
Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as part of its £3.8 billion US Dollar Liquidity Fund (Lux).
XRP Ledger (XRPL) has launched the first tokenized money market fund. According to an announcement on the Ripple X handle, XRPL achieved it in collaboration with two other entities.
Despite recent highs, XRP might be on shaky ground. Technical analysis reveals declining trading volumes and an overbought RSIclassic precursors to a market downturn.
The tokenization of real-world assets has significantly grown on the XRPL network as Ripple onboards more institutional investors through regulated channels.
XRP has had a fantastic run lately, hitting remarkable highs and boosting market confidence. Technical analysis and current on-chain metrics, however, indicate that the rally may be coming to an end.
Most of the coins have come back to the green zone after a slight correction, according to CoinMarketCap.
Ripple's payments-friendly $XRP coin has surged 31% on last week and 11.8% overnight to outperform the market leaders Bitcoin ($BTC) and Ethereum ($ETH). Bitcoin is up 8% from last week to trade at $97,542, while Ethereum rose 13% to $3,467.
The next few days will reveal XRP's direction. But the bulls' resolve to protect XRP from further drops gives them a strong psychological advantage.
Ripple's XRP has had a turbulent few days, with the cryptocurrency facing strong resistance levels while still managing to hold steady above crucial support zones. As of November 25, XRP is trading near the $1.40 mark, down more than five percent, in line with the broader downturn seen across the cryptocurrency market.
Ripple whales bought more than 50 million XRP over the weekend, reports crypto analyst Ali Martinez. Citing data from Santiment, Martinez shows in a chart attached to a post how the total balance of holders holding no less than 1 million to 10 million XRP has increased to 4.29 billion tokens, with an apparent increase in the last two days.
Three reasons are mentioned behind the OI surge.
Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple.
XRP price has struggled to find stability above the 1.50 mark, making it the immediate target price to build on last week's 40 percent gain.