Uncertainty Surrounds Prospects of XRP ETF: Here’s Why

While the U.S. regulatory body has approved a Bitcoin spot exchange-traded fund (ETF), the likelihood of more crypto ETFs like XRP’s remains uncertain.  This uncertainty is discernible from the divide within the U.S. Securities and Exchange Commission (SEC) leadership regarding the just-approved Bitcoin spot ETF.  Specifically, only three of five SEC commissioners cast affirmative votes…

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Report Says 50% of Ripple ODL Transactions Use XRP

A report has disclosed the proportion of XRP utilized in Ripple payment (formerly ODL) transactions conducted via RippleNet, the company’s network of financial institutions for cross-border payments. According to a publication by SCBX subsidiary SCB 10X, approximately half of RippleNet’s transaction volume is executed using XRP as a bridge asset. This disclosure came following an…

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