Six asset managers file amendments for spot XRP ETFs as Grayscale adds new S-1

Six asset managers file amendments for spot XRP ETFs as Grayscale adds new S-1

Table of Contents

Main meals

  • Six S-1 Amendments to Spot XRP ETFS introduced a new file for XRP TRST ETF.
  • Powell of September’s signal with ETHEREUM interest rate discounts ever has a new rise and XRP 10 % up to $ 3.10.

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Six of the main asset managers, BitWise, Canary Capital, Coinshares, Franklin Templeton, 21 Shares, and Wisdomtree, S-1 modifications were made To get boxes circulating in XRP exchange with the Securities and Stock Exchange Committee on Friday. At the same time, at the same time, Present New S-1 registration statement for Shrp Trust ETF.

Classified deposits represent a coordinated wave of activity as a position for exporters to ultimately agree.

The deposits came on one of the strong moves in the market caused by the President of the Federal Reserve Jerome Powell’s comments At the Jackson Hall symposium. Powell’s comments indicated that interest rates may decrease at the next meeting of the Federal Reserve in September, which sparked a gathering of risk origins.

Ethereum rose in November 2021 Hit the highest new level ever Above 4,887 dollars a little before declining, while XRP jumped by 10 % on Friday to trade at $ 3.10.

The XRP momentum also reflects the progress of the ripple suit. Earlier today, the American Court of Appeal for the second circle The accredited Ripple and the joint movement of the Securities and Stock Exchange Committee To refuse to appeal the case.

The long -term legal battle between Ripple Labs and the Securities and Stock Exchange Committee has now entered its final stage, like certain By Defense Lawyer James Villan on Friday.

Modification recording data to update money that will be held directly XRP, the distinctive symbol is linked to the Ripple payment network. While the deposits do not guarantee imminent approval, it reflects the active dialogue between exporters and organizers during the review process.

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