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IS IT DONE FOR $XRP ? 🤔🤔 The Howey Test Still Has The Last Word! 👇 XRP (Ripple) has achieved a significant procedural victory in a federal class action regarding the classification of its token (XRP). Ripple was NOT SOLD as an unregistered security! However, the judge still has concerns about its classification based on the Howey test criteria (security or non security). As consequence, the upcoming jury decision regarding it, will be pivotal for the regulatory future of cryptos in the U.S. Did You Know About The Howey Test? If Yes, Try To Answer The Following Questions. If your answers are 3 times "Yes", then you consider XRP as a security! - Question 1 Is there an investment of money or other valuable assets involved in the transaction? - Question 2 Is the investment made in a common enterprise where the investors' fortunes are interlinked or depend on the success of a project or promoter's efforts? - Question 3 Do the investors expect to earn profits predominantly from the efforts of the promoter, a third party, or an outside group? STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #RippleUpdate #LatestNews #CryptoUpdates #AltcoinInvesting
IS IT DONE FOR $XRP ? 🤔🤔 The Howey Test Still Has The Last Word! 👇

XRP (Ripple) has achieved a significant procedural victory in a federal class action regarding the classification of its token (XRP). Ripple was NOT SOLD as an unregistered security! However, the judge still has concerns about its classification based on the Howey test criteria (security or non security). As consequence, the upcoming jury decision regarding it, will be pivotal for the regulatory future of cryptos in the U.S.

Did You Know About The Howey Test? If Yes, Try To Answer The Following Questions. If your answers are 3 times "Yes", then you consider XRP as a security!

- Question 1
Is there an investment of money or other valuable assets involved in the transaction?
- Question 2
Is the investment made in a common enterprise where the investors' fortunes are interlinked or depend on the success of a project or promoter's efforts?
- Question 3
Do the investors expect to earn profits predominantly from the efforts of the promoter, a third party, or an outside group?

STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝

#RippleUpdate #LatestNews #CryptoUpdates #AltcoinInvesting
🪙SEC v. Ripple: Crucial Request Filed by Defendants🌐 ✍️ In the latest development of the SEC's lawsuit against Ripple Labs, the blockchain company has officially requested a brief, one-week extension for the deadline for remedies-related discovery, according to a document filed with the United States District Court for the Southern District of New York. 💰 Ripple's counsel submitted the letter on Feb. 6, seeking to move the deadline from Feb. 12 to Feb. 20, 2024. 🔹STRAPPED FOR TIME🔹 📝 The extension request is said to be in response to the SEC's request for post-complaint contracts and financial statements from 2022 and 2023, which Ripple intends to fulfill. 📍In the formal letter to Judge Analisa Torres, Ripple's legal team argued that "absent a brief extension of the current deadline, Ripple would have just one week in which to produce responses to discovery requests that seek a large volume of documents and cover the entire post-complaint period 💧The request for extension is notable as it comes with the SEC's consent. ◽A short extension of eight days will give Ripple sufficient time to collect and produce the requested documents," Ripple's counsel added 🔹THE SEC's LEGAL WIN🔹 ✍️ Before Ripple's request for more time, the SEC celebrated a legal triumph with Magistrate Judge Sarah Netburn's decision to compel Ripple to provide the requested discovery. ⚡ This decision overrules Ripple's procedural objections and requires the company to provide detailed financial statements for the years 2022 and 2023 as well as contracts and information concerning the proceeds from institutional XRP sales post-complaint $XRP #✍️✌️💰 #Write2Earn #RippleUpdate #TrendingTopic
🪙SEC v. Ripple: Crucial Request Filed by Defendants🌐

✍️ In the latest development of the SEC's lawsuit against Ripple Labs, the blockchain company has officially requested a brief, one-week extension for the deadline for remedies-related discovery, according to a document filed with the United States District Court for the Southern District of New York.

💰 Ripple's counsel submitted the letter on Feb. 6, seeking to move the deadline from Feb. 12 to Feb. 20, 2024.

🔹STRAPPED FOR TIME🔹

📝 The extension request is said to be in response to the SEC's request for post-complaint contracts and financial statements from 2022 and 2023, which Ripple intends to fulfill.

📍In the formal letter to Judge Analisa Torres, Ripple's legal team argued that "absent a brief extension of the current deadline, Ripple would have just one week in which to produce responses to discovery requests that seek a large volume of documents and cover the entire post-complaint period

💧The request for extension is notable as it comes with the SEC's consent.

◽A short extension of eight days will give Ripple sufficient time to collect and produce the requested documents," Ripple's counsel added

🔹THE SEC's LEGAL WIN🔹

✍️ Before Ripple's request for more time, the SEC celebrated a legal triumph with Magistrate Judge Sarah Netburn's decision to compel Ripple to provide the requested discovery.

⚡ This decision overrules Ripple's procedural objections and requires the company to provide detailed financial statements for the years 2022 and 2023 as well as contracts and information concerning the proceeds from institutional XRP sales post-complaint
$XRP

#✍️✌️💰
#Write2Earn #RippleUpdate #TrendingTopic
Regulatory Ripple: Navigating Global Impact on Cryptocurrency Prices In the volatile realm of cryptocurrency, regulatory currents shape the market’s ebb and flow. The delicate dance between innovation and oversight creates a complex tapestry influencing prices globally. Governments worldwide grapple with classifying and regulating cryptocurrencies, sending shockwaves through the market. Regulatory embrace or skepticism profoundly impacts market sentiment, dictating the trajectory of crypto valuations. The dichotomy of fostering innovation while safeguarding financial systems amplifies the regulatory ripple. Cryptocurrencies’ classification as commodities or securities further molds their market perception and valuation. Clarity or ambiguity in regulations acts as a driving force behind market surges or corrections. International cooperation, or its absence, adds another layer of complexity. Cryptocurrencies, being borderless, face challenges when regulatory frameworks diverge across jurisdictions. Conflicting regulations can create uncertainty, leading to increased market volatility. Beyond financial regulations, environmental concerns impact cryptocurrency markets. Regulatory scrutiny on energy-intensive mining processes reflects a growing focus on sustainability. Environmental policies now influence market sentiment, contributing to fluctuations in cryptocurrency prices. In this regulatory labyrinth, the crypto community witnesses a delicate dance between innovation and oversight. Striking a balance that encourages technological progress while addressing concerns remains a formidable challenge for regulators. As markets mature, the impact of regulations on prices intensifies. Investors must stay vigilant, understanding the interplay between regulations and market dynamics. Navigating the regulatory ripple requires adaptability to the evolving landscape of global regulatory frameworks. #RippleUpdate #CryptoPrice #WhaleAlert #DeFiImpact #BTC $XRP
Regulatory Ripple: Navigating Global Impact on Cryptocurrency Prices

In the volatile realm of cryptocurrency, regulatory currents shape the market’s ebb and flow. The delicate dance between innovation and oversight creates a complex tapestry influencing prices globally.

Governments worldwide grapple with classifying and regulating cryptocurrencies, sending shockwaves through the market. Regulatory embrace or skepticism profoundly impacts market sentiment, dictating the trajectory of crypto valuations.

The dichotomy of fostering innovation while safeguarding financial systems amplifies the regulatory ripple. Cryptocurrencies’ classification as commodities or securities further molds their market perception and valuation. Clarity or ambiguity in regulations acts as a driving force behind market surges or corrections.

International cooperation, or its absence, adds another layer of complexity. Cryptocurrencies, being borderless, face challenges when regulatory frameworks diverge across jurisdictions. Conflicting regulations can create uncertainty, leading to increased market volatility.

Beyond financial regulations, environmental concerns impact cryptocurrency markets. Regulatory scrutiny on energy-intensive mining processes reflects a growing focus on sustainability. Environmental policies now influence market sentiment, contributing to fluctuations in cryptocurrency prices.

In this regulatory labyrinth, the crypto community witnesses a delicate dance between innovation and oversight. Striking a balance that encourages technological progress while addressing concerns remains a formidable challenge for regulators.

As markets mature, the impact of regulations on prices intensifies. Investors must stay vigilant, understanding the interplay between regulations and market dynamics. Navigating the regulatory ripple requires adaptability to the evolving landscape of global regulatory frameworks. #RippleUpdate #CryptoPrice #WhaleAlert #DeFiImpact #BTC $XRP
🔥🔥BREAKING : RIPPLE $XRP TO PAY $2Billion TO SEC #RIPPLE chief Legal Officer Stuart Alderoty made this announcement “As you will see when the SEC's summary is made public tomorrow, they are asking the judge for $2 billion in fines and sanctions. Our answer will be available next month, but as we have all seen time and time again, this is a regulator that operates on statements that are false, ill-defined and designed to mislead. They stayed true to their form here too. Ripple CEO Brad Garlinghouse said the following about the development: “The SEC, led by Gensler, has repeatedly acted outside the law, admonished by judges for “gross abuse of the authority entrusted to it by Congress” (DEBT Box case) and for acting “without faithful adherence to the law” (Ripple case). Let's also not forget Gensler's indifference to the FTX scam. The SEC plans to ask the judge for $2 billion in a case that contains no allegations (let alone findings) of fraud or recklessness. There is absolutely no precedent for this. “We will continue to disclose what the SEC is when we respond to this.” Ripple co-founder Chris Larsen said the following about the development: “The balance of the SEC, managed by Gensler, has been disrupted. The fact that the SEC alone considers itself above the law and drags the USA further behind other G20 countries will not and should not go unnoticed in an election year.” #RippleUpdate #write2earn
🔥🔥BREAKING : RIPPLE $XRP TO PAY $2Billion TO SEC #RIPPLE chief Legal Officer Stuart Alderoty made this announcement

“As you will see when the SEC's summary is made public tomorrow, they are asking the judge for $2 billion in fines and sanctions. Our answer will be available next month, but as we have all seen time and time again, this is a regulator that operates on statements that are false, ill-defined and designed to mislead. They stayed true to their form here too.

Ripple CEO Brad Garlinghouse said the following about the development:

“The SEC, led by Gensler, has repeatedly acted outside the law, admonished by judges for “gross abuse of the authority entrusted to it by Congress” (DEBT Box case) and for acting “without faithful adherence to the law” (Ripple case). Let's also not forget Gensler's indifference to the FTX scam.

The SEC plans to ask the judge for $2 billion in a case that contains no allegations (let alone findings) of fraud or recklessness. There is absolutely no precedent for this. “We will continue to disclose what the SEC is when we respond to this.”

Ripple co-founder Chris Larsen said the following about the development:

“The balance of the SEC, managed by Gensler, has been disrupted. The fact that the SEC alone considers itself above the law and drags the USA further behind other G20 countries will not and should not go unnoticed in an election year.”

#RippleUpdate #write2earn
🚀🚀🥰🥰Wondering if XRP will make you a millionaire? Think twice! Despite the hype, it's tough. With a big $34 billion market cap already, doubling its price needs lots of money. Let's do the math: for $5, $10, or $100, XRP needs market caps of $269B, $539B, and a huge $5T. But the whole crypto market is less than $3T, so these numbers 🚨🥀seem unlikely. XRP has hit highs before, but doing it again in this bull run is hard. Even at $115B market cap, you'd only get $2.13—just x3 ROI. So, what's realistic? Expect between $120B to $200B market cap, giving prices from $2.20 to $3.70. Even at $200B, it's only a x6 ROI. Bottom line: Don't count on XRP for big riches. Even meme coins might be better! Do your own research and invest smartly. Want more crypto insights? Like, comment, and 🥰🥰🚀🚀Follow Me ADNAN KHATTAK ♥️🥀🥰💔 #HotTrends #XRP #RippleUpdate
🚀🚀🥰🥰Wondering if XRP will make you a millionaire? Think twice! Despite the hype, it's tough. With a big $34 billion market cap already, doubling its price needs lots of money. Let's do the math: for $5, $10, or $100, XRP needs market caps of $269B, $539B, and a huge $5T. But the whole crypto market is less than $3T, so these numbers 🚨🥀seem unlikely. XRP has hit highs before, but doing it again in this bull run is hard. Even at $115B market cap, you'd only get $2.13—just x3 ROI. So, what's realistic? Expect between $120B to $200B market cap, giving prices from $2.20 to $3.70. Even at $200B, it's only a x6 ROI. Bottom line: Don't count on XRP for big riches. Even meme coins might be better! Do your own research and invest smartly. Want more crypto insights? Like, comment, and
🥰🥰🚀🚀Follow Me ADNAN KHATTAK ♥️🥀🥰💔

#HotTrends #XRP #RippleUpdate
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XRP Moment of Truth: Defying the Downtrend Dragon or Facing Further Fall? XRP is currently at a pivotal juncture, trading close to its 2024 low of $0.48. The 1D chart reveals a story of struggle against a downtrend that has gripped XRP since November '23. As it hovers near this low, the market is holding its breath, waiting for a sign of either a breakout or further descent. Investors are on the lookout for that spark of bullish bravery that could catapult XRP above the persistent trend line that has been its ceiling for too long. A successful surge above this line could be the battle cry needed for XRP to gather real bullish momentum. For now, #Ripple teeters on the edge of a technical tightrope, with potential for a significant trend reversal. Will it be a breakthrough that sends it soaring or a breakdown that sees it sink? Keep your eyes peeled – the next move could define XRP's market narrative for the coming months. Please note, this is not financial advice (NFA) For those looking to trade Ripple ($XRP ) , [click here](https://www.binance.com/en/trade/XRP_USDT?type=spot) #RippleUpdate #RippleTrends #xrparmy #TrendingTopic
XRP Moment of Truth: Defying the Downtrend Dragon or Facing Further Fall?

XRP is currently at a pivotal juncture, trading close to its 2024 low of $0.48. The 1D chart reveals a story of struggle against a downtrend that has gripped XRP since November '23. As it hovers near this low, the market is holding its breath, waiting for a sign of either a breakout or further descent.

Investors are on the lookout for that spark of bullish bravery that could catapult XRP above the persistent trend line that has been its ceiling for too long. A successful surge above this line could be the battle cry needed for XRP to gather real bullish momentum.

For now, #Ripple teeters on the edge of a technical tightrope, with potential for a significant trend reversal. Will it be a breakthrough that sends it soaring or a breakdown that sees it sink? Keep your eyes peeled – the next move could define XRP's market narrative for the coming months.

Please note, this is not financial advice (NFA)

For those looking to trade Ripple ($XRP ) , click here

#RippleUpdate #RippleTrends #xrparmy #TrendingTopic
Analyst Says $100 XRP Price Is Inevitable, Citing Certain Bitcoin Trends From 2010The host of 24HrsCrypto, an online XRP community on X, recently made a bold prediction for XRP price.  The online community account handler and digital assets price analyst noted that XRP is poised for growth that would see it clinch a $100 selling price. The crypto analyst cited some reasons for his claims.  Worthy of note is the fact that the bold assertion on XRP was based on Bitcoin’s price trajectory over the years. Bitcoin (BTC) Early Days  Sharing a Bitcoin price chart, revealing the number one crypto asset market statistics ten years ago, the crypto analyst could be said to be drawing an analogy that could be applied to XRP.  According to the shared price chart, Bitcoin, as of September 21, 2010, was priced at $0.0602 with a 24-hour trading volume of $11,538.45. Notably, this period coincided with a four-month interval after Laszlo Hanyecz paid 10,000 BTC coins for just two pizzas.  The above scenario says a lot about Bitcoin’s worth during its early days. More striking is that the chart revealed the BTC’s appreciation rate to be 58,925,325%.  According to the online community host, BTC transaction fees could cost up to $10 to $35. On the other hand, XRP seemed to maintain a constant cheaper rate of $0.0002 on the XRP Ledger (XRPL). Attesting further to why XRP seemed to have an edge over BTC, the crypto analyst noted that Bitcoin’s transaction could take up to 48 hours to complete. Meanwhile, XRP requires 2 to 8 seconds for a similar task.  Per the crypto analyst, Bitcoin boasts a zero global adoption rate. This particular claim is debatable and not justifiable as most top crypto and market watchers seemed to share opposite sentiments about the assertion. Nevertheless, XRP has also been impressive in global adoption rate as an efficient payment option both locally and internationally.  Finally, the market analyst highlighted the environmental impact of Bitcoin, which has become a significant global concern, adding that XRP has maintained the status of being an environmentally friendly crypto asset.  The bottom line of all these comparisons remains that Bitcoin is still maintaining the topmost spot in the market despite all its shortcomings. Why should XRP not even soar higher, as the comparisons above seemed to place the coin ahead of BTC? Meanwhile, this isn’t the first time bold predictions have surfaced on XRP attaining a $100 price level. Steven Nerayoff, a prominent member of the XRP community and an early Ethereum advisor, and Matt Hamilton, former director of developer relations at Ripple, have asserted similar price trajectories. Disclaimer: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #RippleUpdate #Bitcoin2024 $XRP $BTC

Analyst Says $100 XRP Price Is Inevitable, Citing Certain Bitcoin Trends From 2010

The host of 24HrsCrypto, an online XRP community on X, recently made a bold prediction for XRP price. 
The online community account handler and digital assets price analyst noted that XRP is poised for growth that would see it clinch a $100 selling price. The crypto analyst cited some reasons for his claims. 
Worthy of note is the fact that the bold assertion on XRP was based on Bitcoin’s price trajectory over the years.
Bitcoin (BTC) Early Days 
Sharing a Bitcoin price chart, revealing the number one crypto asset market statistics ten years ago, the crypto analyst could be said to be drawing an analogy that could be applied to XRP. 
According to the shared price chart, Bitcoin, as of September 21, 2010, was priced at $0.0602 with a 24-hour trading volume of $11,538.45. Notably, this period coincided with a four-month interval after Laszlo Hanyecz paid 10,000 BTC coins for just two pizzas. 
The above scenario says a lot about Bitcoin’s worth during its early days. More striking is that the chart revealed the BTC’s appreciation rate to be 58,925,325%. 
According to the online community host, BTC transaction fees could cost up to $10 to $35. On the other hand, XRP seemed to maintain a constant cheaper rate of $0.0002 on the XRP Ledger (XRPL).
Attesting further to why XRP seemed to have an edge over BTC, the crypto analyst noted that Bitcoin’s transaction could take up to 48 hours to complete. Meanwhile, XRP requires 2 to 8 seconds for a similar task. 
Per the crypto analyst, Bitcoin boasts a zero global adoption rate. This particular claim is debatable and not justifiable as most top crypto and market watchers seemed to share opposite sentiments about the assertion.
Nevertheless, XRP has also been impressive in global adoption rate as an efficient payment option both locally and internationally. 
Finally, the market analyst highlighted the environmental impact of Bitcoin, which has become a significant global concern, adding that XRP has maintained the status of being an environmentally friendly crypto asset. 
The bottom line of all these comparisons remains that Bitcoin is still maintaining the topmost spot in the market despite all its shortcomings. Why should XRP not even soar higher, as the comparisons above seemed to place the coin ahead of BTC?
Meanwhile, this isn’t the first time bold predictions have surfaced on XRP attaining a $100 price level. Steven Nerayoff, a prominent member of the XRP community and an early Ethereum advisor, and Matt Hamilton, former director of developer relations at Ripple, have asserted similar price trajectories.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#RippleUpdate #Bitcoin2024 $XRP $BTC
🔒💎 RIPPLE'S STRATEGIC LOCKUP: 800M $XRP SECURELY SHIELDED IN ESCROW! 🌐💙 🔒 Secure and steady! Ripple takes a strategic move by locking away assets. 🛡️💎 🔒 A whopping 500,000,000 #XRP (valued at $308,354,921 USD) has been diligently locked in escrow at Ripple. Witness the security in action with transaction hash: 👇 12B2CED663277479A6B9BB183F0CA98EE60B8B460B0ED8E5BDCA9B74A14D41E2. 🔒 Additionally, another 300,000,000 #XRP (equivalent to $184,222,995 USD) has been securely tucked away in escrow at Ripple. Behold the transaction hash: 👇 3089280C39965EF1BA1BF09C3C14F94FCDDDEE871D52428EED37BDF471CF8AA2. Ripple's strategic lockup is a testament to their commitment to stability in the crypto cosmos! 🌐💙 #ripple #RippleUpdate 😍 A small LIKE and FOLLOW, Motivates me a lot 😍
🔒💎 RIPPLE'S STRATEGIC LOCKUP: 800M $XRP SECURELY SHIELDED IN ESCROW! 🌐💙

🔒 Secure and steady! Ripple takes a strategic move by locking away assets. 🛡️💎

🔒 A whopping 500,000,000 #XRP (valued at $308,354,921 USD) has been diligently locked in escrow at Ripple.
Witness the security in action with transaction hash: 👇
12B2CED663277479A6B9BB183F0CA98EE60B8B460B0ED8E5BDCA9B74A14D41E2.

🔒 Additionally, another 300,000,000 #XRP (equivalent to $184,222,995 USD) has been securely tucked away in escrow at Ripple.
Behold the transaction hash: 👇
3089280C39965EF1BA1BF09C3C14F94FCDDDEE871D52428EED37BDF471CF8AA2.

Ripple's strategic lockup is a testament to their commitment to stability in the crypto cosmos! 🌐💙

#ripple #RippleUpdate

😍 A small LIKE and FOLLOW, Motivates me a lot 😍
Grayscale’s XRP Move Sparks Hope, Will It Turn Bullish for the Coin? As Bitcoin exchange-traded funds (ETFs) received regulatory approval in the US, one ETF provider sees doors opening for additional digital asset offerings. Valkyrie Investments CEO Steven McClurg recently shared positive outlooks for both Ethereum and XRP, landing SEC-sanctioned ETFs in the wake of a long-awaited Bitcoin fund green light.McClurg contends that with Bitcoin potentially establishing a viable path forward, filings tracking other top crypto assets could soon follow. Valkyrie itself aims to be part of those future waves, tailoring products to match growing institutional investment demand.Grayscale adds XRP to crypto fundIn assessing XRP’s chances, McClurg pointed to recent progress around Ripple’s embattled native token. Grayscale’s surprising move last week to re-add XRP to its Digital Large Cap fund signals thawing sentiment toward the asset tied up in an SEC lawsuit.McClurg believes this shift, along with advancing legal clarity and functionality for XRP, could incentivize ETF issuers to craft XRP investment vehicles. As for Valkyrie, he didn’t rule out getting involved under the right conditions.Source: GrayscaleGrayscale could launch a dedicated XRP TrustThe context around Grayscale’s change of stance is informative. After delisting XRP from its fund in early 2021, observers believe last week’s shock re-addition implies eventual plans for a standalone XRP investment trust.Grayscale enjoyed massive success with its Bitcoin Trust product. If Grayscale seeks to replicate even a fraction of that phenomenon with a new XRP Trust, the creation of an SEC-approved XRP ETF likely won’t be far behind.Of course, uncertainty still dominates the landscape for additional crypto ETFs. McClurg clarifies that Valkyrie sees beyond Bitcoin, with ambitions to satisfy investor appetites for products providing exposure to Ethereum, XRP, and other digital assets.If the floodgates ever open, expect the ETF issuer landgrab across cryptocurrencies to be as intense as the ongoing competition to secure the first SEC Bitcoin ETF approval.Don't forget to vote for fullo ❤️❤️❤️❤️❤️❤️[Vote for fullo ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️](https://www.binance.info/en/feed/creator-awards/learn_with_fullo?ref=102894024&utm_medium=app_share_link)#RippleUpdate #dyor

Grayscale’s XRP Move Sparks Hope, Will It Turn Bullish for the Coin?

As Bitcoin exchange-traded funds (ETFs) received regulatory approval in the US, one ETF provider sees doors opening for additional digital asset offerings. Valkyrie Investments CEO Steven McClurg recently shared positive outlooks for both Ethereum and XRP, landing SEC-sanctioned ETFs in the wake of a long-awaited Bitcoin fund green light.McClurg contends that with Bitcoin potentially establishing a viable path forward, filings tracking other top crypto assets could soon follow. Valkyrie itself aims to be part of those future waves, tailoring products to match growing institutional investment demand.Grayscale adds XRP to crypto fundIn assessing XRP’s chances, McClurg pointed to recent progress around Ripple’s embattled native token. Grayscale’s surprising move last week to re-add XRP to its Digital Large Cap fund signals thawing sentiment toward the asset tied up in an SEC lawsuit.McClurg believes this shift, along with advancing legal clarity and functionality for XRP, could incentivize ETF issuers to craft XRP investment vehicles. As for Valkyrie, he didn’t rule out getting involved under the right conditions.Source: GrayscaleGrayscale could launch a dedicated XRP TrustThe context around Grayscale’s change of stance is informative. After delisting XRP from its fund in early 2021, observers believe last week’s shock re-addition implies eventual plans for a standalone XRP investment trust.Grayscale enjoyed massive success with its Bitcoin Trust product. If Grayscale seeks to replicate even a fraction of that phenomenon with a new XRP Trust, the creation of an SEC-approved XRP ETF likely won’t be far behind.Of course, uncertainty still dominates the landscape for additional crypto ETFs. McClurg clarifies that Valkyrie sees beyond Bitcoin, with ambitions to satisfy investor appetites for products providing exposure to Ethereum, XRP, and other digital assets.If the floodgates ever open, expect the ETF issuer landgrab across cryptocurrencies to be as intense as the ongoing competition to secure the first SEC Bitcoin ETF approval.Don't forget to vote for fullo ❤️❤️❤️❤️❤️❤️Vote for fullo ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️#RippleUpdate #dyor
"Ripple Leadership Reacts to SEC's Controversial Approval Statement on Bitcoin Spot ETF"Ripple executives have reacted to the SEC’s bogus announcement regarding the approval of all Bitcoin spot exchange-traded fund (ETF) applications. Read more on: https://thecryptobasic.com/2024/01/10/ripple-execs-react-to-sec-bogus-approval-announcement-of-bitcoin-spot-etf/ #RippleUpdate #RippleVsSEC #cryptocrurrency #CryptoNewsLand #CryptonewswithJack

"Ripple Leadership Reacts to SEC's Controversial Approval Statement on Bitcoin Spot ETF"

Ripple executives have reacted to the SEC’s bogus announcement regarding the approval of all Bitcoin spot exchange-traded fund (ETF) applications.
Read more on: https://thecryptobasic.com/2024/01/10/ripple-execs-react-to-sec-bogus-approval-announcement-of-bitcoin-spot-etf/
#RippleUpdate #RippleVsSEC #cryptocrurrency #CryptoNewsLand #CryptonewswithJack
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