XRP ETFs Launch with Record Trading, SEC Streamlines Crypto Fund Approvals
XRP ETFs Launch with Record Trading, SEC Streamlines Crypto Fund Approvals
🚀 XRP ETF Records
Major ETF Breakthrough
Rex-Osprey's XRP and DOGE ETFs launched with impressive trading volumes, with XRPR achieving the largest day-one trading of any 2025 ETF launch.
Regulatory Progress
The SEC approved new rules for spot digital asset-backed funds, allowing exchanges to list them without individual approvals. This could accelerate listings for Solana and XRP products.
New Trading Options
- Grayscale's Digital Large Cap Fund (GDLC) began trading on NYSE
- Features major cryptocurrencies: BTC, ETH, XRP, SOL, and ADA
- Provides diversified crypto exposure through traditional markets
FTX Recovery Update
FTX plans to distribute $1.6 billion to creditors starting September 30, marking progress in the exchange's bankruptcy proceedings.
DeFi Innovation
A new CDP protocol now enables XRP (FXRP) as collateral to mint stablecoins - the first DeFi integration of major assets like XRP and Bitcoin for stablecoin creation.
These developments signal growing institutional acceptance and regulatory clarity for digital assets.
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Ethereum Hits New ATH! After nearly 4 years of waiting, $ETH has just surpassed its previous high from 2021 and reached $4880+! 🦥
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Here are the latest Crypto News, Overnighters: 🔵 Bitcoin hit a record $123,153.22, fueled by ETF inflows, later settling at $119,750.86. 🔵 Congress debates bills like the Genius Act to integrate crypto into finance. 🔵 Ten XRP ETF applications await SEC approval, boosting
Today’s Top Crypto News Roundup: 👇 🔵 Ukrainian lawmakers introduced bill №13356 on June 10, 2025, allowing the National Bank to include crypto in state reserves, a potential global precedent. 🔵 The SEC requested updated S-1 filings for Solana ETFs, with potential approvals
Check Out the Latest Crypto News 🦥 🔵 Bitcoin Hits $109,347: Driven by US-China trade talks, boosting crypto market sentiment. 🔵 Société Générale-Forge Launches USDCV: New stablecoin on Ethereum and Solana, bridging traditional finance and DeFi. 🔵 Tether to Open-Source
Here are the latest crypto news, Overnighters. 🦥 🔵 BTC hits ATH at $124K on Fed rate cut hopes & regs—up 32% YTD! 🔵 Crypto dips: BTC < $119K (-3.85%), ETH ~$4.5K (-2.43%) after hot US PPI data & $1B liquidations. 🔵 XRP drops 7% on $437M sell-off, but buying hints
News news news. 🔵 Rex-Osprey's XRP and DOGE ETFs launched with impressive volumes, XRPR seeing the biggest day-one trading of any 2025 launch. 🔵 The SEC approved new rules for spot digital asset-backed funds, allowing exchanges to list them without individual approvals,
Here are the morning news for you, Overnighters: 🔵 Crypto market drops 3.2% to $3.41T, with 90 of top 100 coins down. 🔵 Robinhood hits record high with new crypto futures and staking. 🔵 Grayscale’s Digital Large Cap Fund approved as spot ETF by SEC. 🔵 U.S.
Check out the latest crypto news! 🔵 Metaplanet’s CEO adopts a Bitcoin salary and treasury strategy, aiming to acquire businesses with crypto reserves. 🔵 Coinbase and 65 crypto firms lobby for the CLARITY Act to streamline U.S. crypto regulations under the CFTC. 🔵 Cronos
Latest crypto news anyone? 🦥 🔵 $BTC surged past $120,000, driven by institutional demand and optimism around U.S. regulatory developments during "Crypto Week." 🔵 The U.S. House approved the GENIUS Act, establishing a regulatory framework for stablecoins, boosting crypto
Here are the latest crypto updates: 🔵 Vietnam’s new Digital Technology Industry Law, passed June 14, brings digital assets under regulatory oversight. 🔵 Bitcoin ETFs record five days of inflows, with BlackRock’s IBIT hitting $70 billion in assets in just 341 days. 🔵 Market
Here are the latest crypto news, Overnighters! 🔵 Ethereum (ETH) fell 10% to $2,174.06, but increased blockchain activity and DeFi engagement suggest a possible price rebound. 🔵 Norway plans to halt new crypto mining data centers due to energy shortages, potentially
🦥Here are the latest crypto news, Overnighters: 🔵 Bitcoin drops to $115.5K amid profit-taking and tariff concerns, ending the week lower. 🔵 Ethereum ETFs attract $5.5B in July 2025, setting a record for capital inflows. 🔵 Tether reports $4.9B profit for Q2 2025,
$ETH skyrockets past $3,400, leading crypto markets with a 10% surge in 24 hours, hitting a 5-month high!
Latest news, Overnighters 🦥 🔵 Analysts say odds are slim for Bitcoin hitting $200,000 in 2025 due to slowing capital inflows. 🔵 Bitcoin falls further to a 7-week low, closing 9% below its recent peak. 🔵 Trump family expands crypto empire with $6.4 billion digital asset
Latest crypto news, Overnighters! 🦥 🔵 Gemini's $GEMI stock surges 14% on Nasdaq IPO debut, raising $425M as Winklevoss twins predict $1M Bitcoin. 🔵 First U.S. spot XRP ETF by Rex Shares and Osprey Funds to start trading Sept 18, holding real XRP for regulated access. 🔵
Base TVL hits ~$3,922B 💫 🔵 Ethereum's L2 powerhouse keeps growing, with 130 TPS in and booming DeFi/stablecoin adoption.
Nasdaq is investing $50M in Gemini, the Winklevoss-founded crypto exchange! 🦥 This partnership brings Gemini's custody services to Nasdaq's clients & distributes Nasdaq's Calypso system. Separate from Gemini's $317M IPO last week. As crypto regs evolve, institutional adoption
Latest Crypto News: Top Developments as of June 20, 2025 ✨ 🔵 JPMorgan Chase launches JPMD, a stablecoin-like token on Coinbase’s Base blockchain, boosting institutional crypto adoption. 🔵 Iran’s largest crypto exchange, Nobitex, loses $90M+ in Ethereum, Dogecoin, and more to
🔵 BTC Nears ATH at $120K: Surged due to institutional demand and treasury buys, boosting market. 🔵 ETH Breaks $4K, Hits 2021 Peak: Rallied to $4,300+ on ETF inflows and lower BTC correlation. 🔵 Crypto Market Cap Tops $4T ATH: Driven by major token gains and institutional
Argentina Embraces Stablecoins as Peso Alternative Amid 100%+ Inflation
**Argentina's stablecoin adoption accelerates** as citizens flee 100%+ inflation rates. USDT and USDC now represent **61.8% of crypto transactions** as locals abandon the plummeting peso. **Key developments:** - Stablecoin trading **surged 150-250%** in 2025 after currency control discussions - Over **100 Buenos Aires businesses** accept USDT/USDC for daily purchases - Tech, tourism, and agriculture companies use stablecoins for international payments - **Mendoza province allows tax payments** in USDT, USDC, and DAI **Practical adoption grows** beyond speculation. Cafes, shops, and corporations integrate dollar-pegged cryptocurrencies into operations, bypassing restrictive banking systems. This shift represents **official recognition** of stablecoins as legitimate financial tools, not just investment vehicles.
🏦 Dimon's Stablecoin Surprise
**JPMorgan CEO Jamie Dimon** continues to express skepticism about immediate Federal Reserve rate cuts while **praising stablecoins** for their financial potential. This marks a notable shift for the banking executive, who has been a vocal crypto critic in the past. Dimon's **positive stance on stablecoins** contrasts with his continued skepticism toward Bitcoin. - Dimon doubts Fed will cut rates soon - **Endorses stablecoin utility** in finance - Maintains anti-Bitcoin position The comments reflect growing institutional recognition of stablecoins as legitimate financial tools, even among traditional banking leaders.
PayPal Ventures Backs Tether's Stable Protocol for PYUSD Integration
**PayPal Ventures** has invested an undisclosed amount in **Stable protocol**, a blockchain initiative backed by Tether and Bitfinex. **Key developments:** - PayPal's PYUSD stablecoin will be integrated into Stablechain - LayerZero will provide implementation support for the integration - The partnership expands PYUSD's reach beyond traditional payment rails This collaboration represents a significant step in **bridging traditional finance with DeFi infrastructure**, as PayPal continues expanding its digital asset offerings through strategic blockchain partnerships.
JD.com Announces HKD-Pegged Stablecoin Amid Global Tokenization Wave
Chinese e-commerce giant JD.com plans to launch a stablecoin in Q4 2025, joining a growing trend of major financial institutions entering the digital currency space. Key developments: - JD's stablecoin will be pegged to HKD and other currencies - Initial B2B focus with planned expansion to retail in Hong Kong and Macau - Public blockchain implementation for transparency - HKMA-supervised testing since July 2024 This follows significant moves by traditional finance: - Major US banks discussing consortium stablecoin - HSBC launches tokenized deposits in Hong Kong - BNP Paribas introduces tokenized money market fund - Hong Kong passes comprehensive stablecoin regulation [Read HKMA press release](https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/05/20250521-3/)