Xrp

The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.

Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.

Earlier in January, Ripple Labs president Monica Long remarked an XRP ETF could “soon be a reality” under the new Trump administration.

The rapid expansion of the XRP Ledger’s DEX was one of the key reasons that made 2024 “one of the most monumental years for Ripple.”

Ripple’s CEO calls for a U.S. strategic bitcoin reserve that’s includes more than one token.

CME’s denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend.

A screenshot of a beta page for XRP (XRP) and Solana (SOL) futures contracts was posted on X earlier on Wednesday.

Trader demand for Solana’s SOL rose as Donald Trump’s so-termed official token was issued on the network.

XRP leads volume trends on Coinbase, with BTC and ETH taking second and third places. On Binance, bitcoin is still the most in demand.

XRP’s price rise is accompanied by record perpetual futures open interest and surge in trading volumes.