Can Ripple’s XRP Break the Barrier? Big Moves in the Crypto Arena

  • Grayscale Investments has filed for an XRP exchange-traded fund (ETF), potentially drawing institutional investors into the market.
  • The Securities and Exchange Commission’s (SEC) acknowledgment of this move could bring significant liquidity and stability to XRP.
  • Ongoing debates revolve around XRP’s regulatory classification and its possible alignment with Bitcoin or Ethereum.
  • Recent SEC rulings favor Ripple for market transactions but maintain uncertainty about institutional sales.
  • Gary Gensler’s departure from the SEC and the arrival of pro-crypto Paul Atkins might benefit Ripple in its regulatory battles.
  • Ripple’s website revamp, omitting Central Bank Digital Currencies (CBDCs), hints at a strategic shift towards payment…

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