Canada's main financial regulator has approved XRP-based ETF options for trading in the US, allowing major Canadian banks to invest in XRP through regulated financial products. The Canadian Derivatives Clearing Corp has registered XRP Evolve ETF and XRP Purpose ETF options on the Montreal Exchange, placing XRP alongside top cryptocurrencies like Bitcoin and Ethereum in ETF options trading. This regulatory approval enables banks like National Bank of Canada and Bank of Montreal to hold significant XRP-related positions without directly buying XRP coins, providing a safer and regulated way for investors to gain exposure to XRP. This move signals growing institutional confidence in XRP's ecosystem and could increase market participation in XRP derivatives.
Ripple's Swell conference begins October 27 in New York, combining three events into one with over 100 speakers and 1,500 attendees expected. The event covers digital finance, blockchain development, and XRP Ledger innovations, featuring executives l...
XRP traded in a very narrow range around $1.30 on October 25, reflecting market caution ahead of the US Federal Reserve's interest rate decision scheduled for October 28. This tight trading range, the narrowest in October, indicates that investors ar...
Bitcoin's price slightly increased by 0.07% to $80,490 despite the total cryptocurrency market capitalization falling 3.52% to $2.69 trillion. Bitcoin dominance remains strong at 60%, while Ether and other major tokens like XRP, BNB, Solana, and Doge...
A crypto analyst's chart highlights that XRP's price is at a crucial point near $1.24, where it could either drop further or start recovering. The chart shows XRP recently trading around $1.26, with a bearish scenario if it falls below $1.24, targeti...
David Schwartz, Ripple's CTO emeritus, suggested that XRP could serve as a bridge connecting various Bitcoin representations on the XRP Ledger (XRPL). This means that wrapped or bridged Bitcoin tokens on XRPL might depend on XRP to transfer value bet...
