Altcoin ETF Developments and XRP Escrow Uncertainty Stir Crypto Market
Altcoin ETF Developments and XRP Escrow Uncertainty Stir Crypto Market
Recent news highlights mixed developments for altcoins. While new altcoin exchange-traded funds (ETFs) are set to begin trading on NASDAQ, major coins like XRP and Dogecoin are not included in this initial wave, suggesting a delay for their spot ETFs. Concurrently, questions have arisen regarding the security and potential sale of XRP's locked escrow tokens, following insights from Ripple CTO David Schwartz, prompting community debate on market supply and potential impact.
Altcoin ETF Developments
Crypto reporter Eleanor Terrett shared that two new altcoin exchange-traded funds (ETFs) are about to start trading on the NASDAQ, beating out Dogecoin and XRP spot ETFs. According to the journalist, everything needed to begin trading is already in place, even though the government is in a shutdown. The legal rules allow these ETFs to …
XRP Escrow Uncertainty
XRP locked escrow tokens have long been perceived as untouchable, yet recent statements from Ripple CTO David Schwartz have stirred debate about what “locked” truly means. Questions around whether Ripple could sell or transfer these tokens have spread across the crypto community, sparking further discussions about market supply, institutional strategies, and potential market impact. XRP …