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…

JPMorgan Predicts $14 Billion Inflows For Proposed Crypto ETFs If Approved By US SEC

JPMorgan Chase & Co. Analysts have made a significant projection regarding the potential impact of a new wave of exchange-traded funds (ETFs) focused on alternative crypto assets.  Should these funds receive the green light from the US Securities and Exchange Commission (SEC), they could attract inflows of up to $14 billion, marking a notable development…