It is worth noting that 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 currencies. The restructuring plan is set to take effect on January 3, with the first round of compensation to be distributed within 60 days.
Currently, two exchanges have begun supporting FTX's claims, primarily for the settlement of fiat and stablecoins.
It is a good thing for this money to return to users, as some of it may re-enter the market, increasing liquidity. Over 10 billion in new funds are entering the crypto market; let's see if it can help Bitcoin break through $110,000.
