SEC Acknowledges Cboe’s Bid to List 21Shares XRP ETF

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Cboe BZX’s request to list an XRP exchange-traded fund (ETF) from asset manager 21Shares, according to a regulatory filing dated Feb. 14. This acknowledgment marks a step forward for U.S. exchanges looking to introduce ETFs backed by spot XRP, the native token of Ripple’s XRP […]

FTX’s $1.2B Repayments Signal Key Moment in Crypto Industry Recovery

FTX Digital Markets, the Bahamian division of the collapsed crypto exchange FTX, is preparing to distribute its first round of repayments to creditors on Feb. 18. This marks a major milestone for the crypto sector following FTX’s dramatic $9 billion downfall. The exchange’s collapse, along with over 130 affiliated entities, triggered a wave of insolvencies […]