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news-imageFebruary 14, 2025

SEC Acknowledges Grayscale's XRP ETF Proposal, Setting Stage for Federal Review

Details on Grayscale's filing show a comprehensive framework for what could be the industry's first spot XRP fund.
Publisher: Decrypt
Sentiment: Positive
XRP

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cover-imageCryptopolitan
February 14, 2025

XRP price jumps 17%, Open Interest breaches $4 billion

Ripple's native crypto, XRP, decoupled from the heavy selling pressure emerging in the market due to the failure of Bitcoin to regain $100K. XRP turned out to be one of the biggest gainers of the day, while other major cryptos printed red indexes or gained marginally.

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cover-imageNewsBTC
February 14, 2025

XRP Spikes 5% After SEC's ETF Acknowledgment Sends ‘Enormous Message'

The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments' 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency's confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for public listing.

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cover-imageUToday
February 14, 2025

Ripple Suddenly Moves 390,000,000 XRP: What's Going On?

The price of popular cryptocurrency XRP saw exceptional performance during today's trading session, as the quotes of the $160 billion asset suddenly soared by 7.5%. Following this sudden act of price appreciation, XRP saw its quotes reach a two-week high of $2.75.

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