![BONK The Meme Coin MORE THAN ORDINARY [DOG] on Solana](/uploads/2025/02/22/cryptocurrencies-news/videos/bonk-meme-coin-ordinary-dog-solana/image-1.jpg "BONK The Meme Coin MORE THAN ORDINARY [DOG] on Solana")
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
The 21-day public comment period has been triggered. When will the XRP ETF actually be launched?
Feb 21, 2025 at 05:05 pm
On February 21, Grayscale XRP and four Solana ETFs applied to be included in the SEC Register. The XRP ETF was approved to have variables, which was affected by multiple factors.
On February 21, Grayscale XRP ETF applications and four Solana ETF applications were entered into the Securities and Exchange Commission (SEC) Federal Register. The Solana ETF application of VanEck, 21Shares and other institutions was submitted on February 18, and the 21-day public comment period was triggered after entry.
The public review period is an important part of the regulatory process, during which all sectors of society can put forward opinions and suggestions on ETF applications. These feedbacks will provide reference for SEC decision-making and help it comprehensively evaluate project risks and feasibility.
The SEC is expected to decide whether to approve, refuse or further review by October 18. This means that even if everything goes well, the XRP ETF will have to wait until October to come to a conclusion. But the regulatory process is complex and the actual time may be longer.
If approved, the XRP ETF will provide investors with regulated XRP investment exposure tools. This will broaden investment channels, allow more people to participate in XRP investment, and promote further market development.
XRP has increased by more than 381% in the past 12 months, and has performed very well. It has attracted much attention recently, firstly because of rumors that Bank of America may use it for internal transactions, and secondly, the SEC speculation about Ripple's long-term litigation stance.
In December 2020, the SEC sued Ripple for alleging that it raised $1.3 billion through unregistered XRP sales and classified XRP as securities. The lawsuit lasted for many years and affected XRP's market position and development prospects.
Currently, XRP is favored by the market for improving the legal and regulatory environment. If the SEC makes new progress in Ripple lawsuits or changes its characterization of XRP, it will have a significant impact on the approval of the XRP ETF.
B2BINPAY CEO Arthur Azizov said the XRP ETF is likely to be launched within the year, depending on the speed of resolution of legal disputes with the SEC. Legal disputes are the key factor affecting their implementation.
While waiting for SEC decisions, market discussions on XRP ETFs continue to heat up. Investors are closely following the progress and look forward to investing in XRP through ETFs as soon as possible to share their potential returns.
Judging from previous cases, it has not been smooth to obtain approval for ETF applications. The SEC will strictly review and consider many factors such as market risks and investor protection, and XRP ETFs also face the same challenges.
Although the public comment period has been triggered, the real implementation of the XRP ETF is still full of uncertainty. Legal disputes, regulatory reviews, etc. are all unknowns, and investors need to remain rational and be cautious.
At present, the cryptocurrency market is volatile and policy risks cannot be ignored. The launch of XRP ETFs must not only meet regulatory requirements but also adapt to market changes. Balance between the two is not easy.
Regardless of whether the XRP ETF is finally approved, its application process reflects the gradual maturity of the cryptocurrency market under supervision. Market participants are working hard to seek a path to compliance development, which is of great significance to the long-term development of the industry.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
Other articles published on Feb 22, 2025
-
- From Mt. Gox to Bybit: An in-depth review of cryptocurrency exchange security incidents
- Feb 22, 2025 at 02:54 pm
- An in-depth review of cryptocurrency exchange security incidents from Mt. Gox to Bybit, covering the attack details, hacker methods, stolen assets and capital flows, as well as official responses and subsequent processing, showing the industry's security issues and response measures.
-
- Bybit was stolen for 1.5 billion. Where is the security of the cryptocurrency industry going?
- Feb 22, 2025 at 01:45 pm
- Bybit's monumental $1.5 billion hack has dealt a devastating blow to cryptocurrency security, eroding trust in digital assets and raising concerns about industry-wide inadequacies in regulatory oversight and security measures.
-
- After the Pascal hard fork, there are Lorentz and Maxwell upgrades. What are the differences between them?
- Feb 21, 2025 at 05:25 pm
- In 2025, BNB Chain will carry out Pascal hard fork and Lorentz and Maxwell upgrades, which will have differences in performance and security, and will have a wide impact.
-
- When will the BNB Smart Chain Pascal hard fork upgrade start? Is the mainnet and testnet time the same?
- Feb 21, 2025 at 05:16 pm
- BNB Smart Chain will be upgraded on February 25, the main network will be upgraded in mid-March, and there will be subsequent upgrades in April and June, bringing various functions improvements.
-
- Grayscale XRP ETF application entered into the SEC federal register, what are the prospects for approval?
- Feb 21, 2025 at 05:01 pm
- On February 21, Grayscale XRP ETF and other applications were approved to be affected by multiple factors such as supervision, law, and market, and the prospects have attracted much attention.
-
- The wave of legislation of Bitcoin Strategic Reserves Act is coming, how will traditional finance respond?
- Feb 20, 2025 at 06:13 pm
- The Bitcoin strategic reserve bill is creating a legislative wave in the US. Traditional finance faces disintermediation risk, market share erosion, regulatory dilemmas like compliance complexity and jurisdictional conflicts. Possible responses include innovating financial products, enhancing risk management, and collaborating with fintech to adapt to the new situation.
-
- The Ethereum Foundation has abandoned neutrality at the application level. How can we ensure that the supported projects are worth doing?
- Feb 20, 2025 at 05:32 pm
- How the Ethereum Foundation ensures that the supported projects are worth doing when the application layer abandons neutrality. The key points of the evaluation project are explained in terms of technological innovation, social value, team capabilities, market feasibility, compliance and community ecological adaptation.
-
- Why did OdinSwap and Valhalla cease operations? How to ensure the safety of user funds?
- Feb 20, 2025 at 04:12 pm
- On February 20, Bitcoin network rune platforms OdinSwap and Valhalla will be suspended for operations. Due to decline in transactions, competition, etc., users can provide 2.28 prerequisites.
-
- Bitcoin ETF now has net inflows, Ki Young Ju says the bull market will continue until capital outflows, when will the bear market come?
- Feb 20, 2025 at 03:38 pm
- On February 20, Ki Young Ju posted that demand for Bitcoin ETFs has slowed down and the bull market continued to flow out, attracting market attention.
