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SEC Just Greenlit Another XRP ETF Filing That Will Ruin Your Life

A  illustration of a stock exchange ticker displaying 'XRP' as it's surrounded by caution tape and warning signs, while a giant clock ticks away in the background to emphasize time pressure.

Regulatory roulette: The never-ending game of crypto cat and mouse – where do we draw the line? A new XRP ETF filing by 21shares has just thrown gasoline on the already volatile flames, leaving investors wondering if they’ll ever get their hands dirty with that ‘digital asset’ (read: nothing more than a bunch of ones and zeros). It’s like watching your grandma try to use TikTok – confusing, frustrating, and utterly bewildering.

Source: bitcoin.com

With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles. 21shares, an asset management firm specializing in digital assets, filed a registration statement for the “21shares Core XRP Trust” with the U.S. Securities and Exchange Commission (SEC) on Friday. The filing details: The 21shares Core XRP Trust is an exchange-traded fund that issues common shares of […]

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