Buy CryptoMarketsSpotFuturesUSOILEarnEvent Center
More
Gold vs Crypto
The post CoinShares files XRP ETF for Nasdaq as $5 billion flows into XRP appeared on BitcoinEthereumNews.com. CoinShares has taken a decisive step toward bringing regulated XRP exposure to American investors, officially filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL.  The SEC filing, dated October 14, outlines a robust operational structure, with BitGo tapped as custodian, Valkyrie Funds LLC stepping in as seed capital investor, and CSC Delaware Trust Company serving as trustee. U.S. Bancorp Fund Services will act as administrator, U.S. Bank NA as cash custodian, and Paralel Distributors as the marketing agent.  Notably, the trust will not participate in staking, meaning investors will gain exposure strictly to XRP’s spot price rather than any additional yield. “Our mission is to make XRP accessible to institutional investors in the U.S., with a fully compliant, transparent, and secure framework,” a CoinShares spokesperson said, framing the move as a milestone for both the firm and the broader digital asset ecosystem. SEC faces pending spot XRP ETF decisions The timing is striking. The SEC faces a flurry of pending spot XRP ETF decisions, with Grayscale’s application up for judgment this week, followed closely by CoinShares, 21Shares, Bitwise, WisdomTree, and Canary Capital between October 18 and 25. Thus, the coming days could prove pivotal for XRP’s long-term positioning in U.S. markets. Markets have already begun to react. XRP climbed 3.23% in the last 24 hours to trade at $2.49, lifting its market capitalization to $149.24 billion. This marked a sharp rebound from an intraday low of $144.37 billion, translating into nearly $5 billion in inflows, even as daily trading volumes contracted by more than 27% to $5.96 billion.  XRP 1-day market cap. Source: CoinMarketCap The rally stands in contrast to XRP’s broader downtrend, with the token still off 12.9% over seven days and 16.4% across the past month. Part of the uptick can be traced to… The post CoinShares files XRP ETF for Nasdaq as $5 billion flows into XRP appeared on BitcoinEthereumNews.com. CoinShares has taken a decisive step toward bringing regulated XRP exposure to American investors, officially filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL.  The SEC filing, dated October 14, outlines a robust operational structure, with BitGo tapped as custodian, Valkyrie Funds LLC stepping in as seed capital investor, and CSC Delaware Trust Company serving as trustee. U.S. Bancorp Fund Services will act as administrator, U.S. Bank NA as cash custodian, and Paralel Distributors as the marketing agent.  Notably, the trust will not participate in staking, meaning investors will gain exposure strictly to XRP’s spot price rather than any additional yield. “Our mission is to make XRP accessible to institutional investors in the U.S., with a fully compliant, transparent, and secure framework,” a CoinShares spokesperson said, framing the move as a milestone for both the firm and the broader digital asset ecosystem. SEC faces pending spot XRP ETF decisions The timing is striking. The SEC faces a flurry of pending spot XRP ETF decisions, with Grayscale’s application up for judgment this week, followed closely by CoinShares, 21Shares, Bitwise, WisdomTree, and Canary Capital between October 18 and 25. Thus, the coming days could prove pivotal for XRP’s long-term positioning in U.S. markets. Markets have already begun to react. XRP climbed 3.23% in the last 24 hours to trade at $2.49, lifting its market capitalization to $149.24 billion. This marked a sharp rebound from an intraday low of $144.37 billion, translating into nearly $5 billion in inflows, even as daily trading volumes contracted by more than 27% to $5.96 billion.  XRP 1-day market cap. Source: CoinMarketCap The rally stands in contrast to XRP’s broader downtrend, with the token still off 12.9% over seven days and 16.4% across the past month. Part of the uptick can be traced to…

CoinShares files XRP ETF for Nasdaq as $5 billion flows into XRP

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/15 21:55
2 min read
XRP
XRP$1.3772+2.37%
Union
U$0.000959-4.67%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

CoinShares has taken a decisive step toward bringing regulated XRP exposure to American investors, officially filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL. 

The SEC filing, dated October 14, outlines a robust operational structure, with BitGo tapped as custodian, Valkyrie Funds LLC stepping in as seed capital investor, and CSC Delaware Trust Company serving as trustee. U.S. Bancorp Fund Services will act as administrator, U.S. Bank NA as cash custodian, and Paralel Distributors as the marketing agent. 

Notably, the trust will not participate in staking, meaning investors will gain exposure strictly to XRP’s spot price rather than any additional yield.

SEC faces pending spot XRP ETF decisions

The timing is striking. The SEC faces a flurry of pending spot XRP ETF decisions, with Grayscale’s application up for judgment this week, followed closely by CoinShares, 21Shares, Bitwise, WisdomTree, and Canary Capital between October 18 and 25. Thus, the coming days could prove pivotal for XRP’s long-term positioning in U.S. markets.

Markets have already begun to react. XRP climbed 3.23% in the last 24 hours to trade at $2.49, lifting its market capitalization to $149.24 billion. This marked a sharp rebound from an intraday low of $144.37 billion, translating into nearly $5 billion in inflows, even as daily trading volumes contracted by more than 27% to $5.96 billion. 

XRP 1-day market cap. Source: CoinMarketCap

The rally stands in contrast to XRP’s broader downtrend, with the token still off 12.9% over seven days and 16.4% across the past month.

Part of the uptick can be traced to deepening institutional engagement. CME Group launched XRP options on October 15, with Wintermute and Galaxy executing the inaugural trades, signaling a new layer of liquidity and hedging demand for the asset. Ripple, meanwhile, has expanded its footprint in Africa through a partnership with Absa Bank, providing crypto custody solutions that may further bolster long-term adoption narratives.

Technically, XRP’s bounce came at a crucial juncture. Prices rebounded from the 38.2% Fibonacci retracement level at $2.52, a zone that many traders had earmarked as key support.

The post CoinShares files XRP ETF for Nasdaq as $5 billion flows into XRP appeared first on Finbold.

Source: https://finbold.com/coinshares-files-xrp-etf-for-nasdaq-as-5-billion-flows-into-xrp/

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.3773
$1.3773$1.3773
+1.26%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Share
BitcoinEthereumNews2025/09/18 05:59
Tunis–Carthage Airport Expansion Targets Capacity Surge

Tunis–Carthage Airport Expansion Targets Capacity Surge

Tunisia’s Tunis–Carthage airport expansion is set to transform the country’s aviation capacity as authorities plan a $1 billion investment to significantly increase
Share
Furtherafrica2026/03/10 13:00
Hoskinson to Attend Senate Roundtable on Crypto Regulation

Hoskinson to Attend Senate Roundtable on Crypto Regulation

The post Hoskinson to Attend Senate Roundtable on Crypto Regulation appeared on BitcoinEthereumNews.com. Hoskinson confirmed for Senate roundtable on U.S. crypto regulation and market structure. Key topics include SEC vs CFTC oversight split, DeFi regulation, and securities rules. Critics call the roundtable slow, citing Trump’s 2025 executive order as faster. Cardano founder Charles Hoskinson has confirmed that he will attend the Senate Banking Committee roundtable on crypto market structure legislation.  Hoskinson left a hint about his attendance on X while highlighting Journalist Eleanor Terrett’s latest post about the event. Crypto insiders will meet with government officials Terrett shared information gathered from some invitees to the event, noting that a group of leaders from several major cryptocurrency establishments would attend the event. According to Terrett, the group will meet with the Senate Banking Committee leadership in a roundtable to continue talks on market structure regulation. Meanwhile, Terrett noted that the meeting will be held on Thursday, September 18, following an industry review of the committee’s latest approach to distinguishing securities from commodities, DeFi treatment, and other key issues, which has lasted over one week.  Related: Senate Draft Bill Gains Experts’ Praise for Strongest Developer Protections in Crypto Law Notably, the upcoming roundtable between US legislators and crypto industry leaders is a continuation of the process of regularising cryptocurrency regulation in the United States. It is part of the Donald Trump administration’s efforts to provide clarity in the US cryptocurrency ecosystem, which many crypto supporters consider a necessity for the digital asset industry. Despite the ongoing process, some crypto users are unsatisfied with how the US government is handling the issue, particularly the level of bureaucracy involved in creating a lasting cryptocurrency regulatory framework. One such user criticized the process, describing it as a “masterclass in bureaucratic foot-dragging.” According to the critic, America is losing ground to nations already leading in blockchain innovation. He cited…
Share
BitcoinEthereumNews2025/09/18 06:37