Notably, the 21Shares XRP Trust has completed its registration, paving the way for the launch of the XRP spot ETF. FTX is collaborating with BitGo and Kraken to handle claims, with payment methods covering stablecoins and fiat currency. The restructuring plan is set to take effect on January 3, with the first round of payouts distributed within 60 days.
Currently, two exchanges have begun supporting FTX's claims, primarily focusing on settlements in fiat and stablecoins.
Having this funds returned to users is a positive development, as some of it may re-enter the market, increasing liquidity. Over 10 billion in new funds have entered the crypto market, let's see if it can push Bitcoin beyond 110,000 USD.
