Tag: ETF

Ripple Lawsuit Conclusion in Weeks, Says Lawyer as SEC Seeks Comments on XRP ETF

As the US Securities and Exchange Commission (SEC) and Ripple decide to hold off further appeal in the ongoing XRP lawsuit, popular lawyer Bill Morgan weighs in on what’s coming next in this lawsuit. He added that if both parties agree on an indicative ruling, this matter will conclude in the next few weeks. The lawyer shared that the legal teams for both Ripple and the SEC have asked for an indicative ruling from Judge Torres as part of their second joint motion. This ruling will guide both parties in…

SEC Reviews Franklin XRP ETF Proposal in Key Step Toward Potential Approval

The SEC’s review of the Franklin XRP ETF comes amid rising institutional confidence in XRP, underscoring its evolving market maturity and accelerating push for crypto-backed ETFs. SEC Reviewing Franklin XRP ETF Proposal as Confidence Grows in XRP Market Structure The U.S. Securities and Exchange Commission (SEC) announced on June 17 that it has initiated proceedings […] Source CryptoX Portal

SEC Opens Franklin Templeton SOL And XRP ETF Proposals To Comments

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The US Securities and Exchange Commission (SEC) has opened public comments for two proposed cryptocurrency exchange-traded funds, or ETFs, from asset manager Franklin Templeton to be listed on the Chicago Board Options BZX Exchange. In separate filings on Tuesday, the SEC said it was instituting proceedings that could allow the US exchange to list and trade shares of the Franklin XRP ETF and Franklin Solana ETF. The Cboe BZX Exchange filed for a proposed rule change with the SEC in March to allow for approval of the investment vehicle, which…

ETH ETF Inflows, Layer-2 Growth Bolster $2.4K Level

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Key takeaways: ETH holds $2,400 in support despite a 15% price drop and $277 million in liquidations. Layer-2 network growth and spot ETH ETF inflows sustain investors’ confidence in Ether. Ether (ETH) failed to sustain the bullish momentum that peaked at $2,880 on Wednesday, though it also showed resilience near the $2,450 level. While investors aren’t particularly thrilled with the current price, derivatives metrics point to a growing sense of confidence. ETH 60-day futures annualized premium. Source: Laevitas.ch On Friday, the Ether futures premium briefly turned bearish as  ETH price…

Canada Approves First XRP Spot ETF on Toronto Stock Exchange

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Purpose Investments will launch Canada’s first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to XRP in both CAD and USD. XRP ETF by Purpose Receives Green Light, Trading Set to Begin June 18 Purpose Investments Inc. has secured final approval from Canadian regulators to launch […] Source

Solana ETF Is Next, Last Chance to Buy Solaxy’s Layer-2 Presale

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Here’s a list of the people who think a Solana ETF is incoming: everyone. And here’s a list of the people who think a $SOL ETF could send Solana – and Solaxy, a much-needed Solana Layer…

Bitcoin ETF Inflows Hit $412M Despite Geopolitical Tensions

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US spot Bitcoin exchange‑traded funds (ETFs) recorded $412.2 million in net inflows on Monday, extending their streak to six days and pushing total cumulative inflows to $46.04 billion. The six-day run of inflows began on June 9 and has now absorbed over $1.8 billion in capital, according to data from SoSoValue. The run has continued despite escalating geopolitical tensions, including renewed conflict between Iran and Israel. Daily contributions included $386.27 million on June 9, followed by a $431.12 million surge on June 10. Despite a slight dip mid-week, inflows rebounded…

XRP Rises as Canada Approves Spot ETF for Toronto Stock Exchange Listing

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Purpose Investments has received regulatory approval to launch a spot XRP exchange-traded fund (ETF) in Canada, with trading scheduled to begin on June 18 on the Toronto Stock Exchange (TSX). The fund, listed under the ticker XRPP, will provide direct exposure to XRP through a regulated investment vehicle. The Ontario Securities Commission (OSC) granted the final prospectus receipt for the fund, Purpose announced Monday. The ETF will offer units in CAD-hedged, CAD non-hedged, and USD formats, and will be eligible for registered investment accounts such as TFSAs and RRSPs. XRP…

Weekly ETF Recap: Bitcoin and Ether ETFs Draw Strong Institutional Demand With Combined $1.9 Billion Inflow

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Bitcoin exchange-traded funds (ETFs) notched an impressive $1.39 billion in net inflows, while ether ETFs booked $528.12 million, marking their fifth consecutive green week and third-highest weekly inflow since launch. Bitcoin ETFs Post $1.39 Billion Weekly Inflow As Ether ETFs Record Third-Highest Ever Weekly Gain Investor appetite for crypto exposure via ETFs surged last week, […] Original

Token Gains 7% as Purpose’s Spot ETF Set to Launch in Canada

Asset manager Purpose Investments is set to launch a spot XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts. The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18, under the XRPP ticker, according to a Monday press release. The move comes after the Ontario Securities Commission (OSC) granted final prospectus receipt for the investment vehicle, the company said. XRP was up nearly 7% over…