Xrp XRP/USD He appeared as one of the largest big winners on Thursday after SEC admitted to applying the trading box on the stock exchange via Gray investments.
What happened: The third largest encrypted currency has increased by market value by more than 4 % in the past 24 hours, while blue currencies are like Bitcoin BTC/USD and ethereum Eth/USD 0.33 % and 1.18 %, respectively.
The superior performance came after SEC requested comments on the ETF app by Grayscale and asked to present those after 21 days of publication in the federal registry.
It is worth noting that SEC has realized XRP as a “central network of computers” with no one entity that owns the network. He also described it as similar to Bitcoin.
SEC GRANT must be granted, Gray XRP confidenceWhich currently possesses about $ 12.8 million in assets, will be transferred to the circulating investment funds.
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Regardless of gray, ETF applications from Coinsharesand bitwiseAnd Canary capital I fell to the SEC office.
From writing this report, probability ETF XRP approval in 2025 is 82 % approved on the predictive platform based on cryptocurrency, Polymarket.
XRP feelings were also strengthened through the broader acceptance expectations in the financial services sector in Japan. Japanese financial bloc SBI collection Display Shares option to receive XRP through its reward program.
PriceAt the time of writing this report, XRP exchanged hands at $ 2.58, an increase of 4.20 % in the past 24 hours, according to Data from Benzinga Pro. A year to date, the currency increased by 11.45 %.
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