
Bitcoin saw $1.1 billion in inflows despite a correction, while Ethereum notched its ninth straight week of inflows.
Bitcoin saw $1.1 billion in inflows despite a correction, while Ethereum notched its ninth straight week of inflows.
However, they are in Canada and not the US.
The US Securities and Exchange Commission is using all tricks up its sleeve before making a decision on the spot XRP ETF.
With 295,000 daily interacting addresses on average last week, XRPL activity rose more than seven times its recent three-month norm.
XRP holders are now looking at a different date as a critical deadline that may mark the end of the looming lawsuit against the SEC.
Ethereum saw $583 million in inflows, its strongest since February, including the highest daily inflow during that time.
XRP is slightly up in the past 24 hours, but it’s monthly performance has been disappointing.
Ethereum managed to attract more than $296 million in inflows last week as it continued a 7-week streak.
So far, Coinbase has issued 10.4 million cbDOGE, worth approximately $1.88 million, and 2.3 million cbXRP, worth more than $5 million.
The outflows witnessed by short-Bitcoin products indicated reduced trader confidence in a Bitcoin price decline.
The approval of a spot XRP ETF would be a huge win for the asset’s community, considering Ripple’s just-concluded tedious legal battle with the SEC.
XRP ended an 80-week inflow streak despite strong overall digital asset performance.
ETF analyst Seyffart called early SEC approvals for XRP ETFs unlikely, while stating that delays are part of the normal process.
XRP doesn’t rely on mining, settles in seconds, and consumes less energy, traits Bitcoin maxis can’t ignore, says crypto influencer Squire.
XRP’s $19M CME debut pales next to Bitcoin’s $100M launch in 2017, reflecting cooler market conditions, and lingering regulatory worries.
CME launches XRP futures on May 19, offering institutional access via standard and micro contracts tied to XRP’s dollar rate.
Will XRP outperform BTC in 2025? Here are three potential catalysts that could help it.
The deal represents a 60% reduction from the initial $125M penalty while securing the return of $75M in escrowed funds to Ripple.