October 24th, 2025
However, the nomination of Gensler was not a smooth ride due to the political divide between the two leading parties.
The ongoing cryptocurrency bull market has significantly been attributed to different aspects including global Bitcoin adoption by institutional investors.
XRP price is up more than 230% in the past two weeks and has tripled in value in the past three months
As the interest in digital assets spikes, Grayscale’s total AUM is becoming one of the fastest-growing trusts in the in industry.
XRP, the digital currency that is central to the SEC onslaught, has caught on a new fire fueled by the latest victory Ripple inked.
In the SEC filing, Galaxy Digital said that shares of its Bitcoin ETF will list on the NYSE Arca Exchange. Besides, the Bitcoin ETF will follow the Bloomberg Galaxy Bitcoin index for pricing mechanism.
During the past three months, Coinbase recorded a revenue of approximately $1.8 billion in comparison to $190 million recorded in the same time last year.
Moreover, Robinhood said that its team had expanded more than three times since 2021 began.
The crypto market has been seeing unusual growth these days, encouraging exchanges to go public. Kraken’s major rival in the US Coinbase has already received approval from the SEC for its direct listing.
The SEC seeks to compel Ripple to register XRP as security or pay a fine for selling it as an unregistered security.
Signal said that its new payments feature would be accessible to UK residents only. The feature will be available on iOS and Android and not on desktops.
Paul Tudor was one of the few early hedge fund managers to get lured into Bitcoin. SEC filings have finally revealed he has been using Coinbase and Bakkt. As two of the leading firms in the US, they have become institutional powerhouses.
According to INX, about 60% of the proceed from the IPO will be used as a Cash Fund which can easily be distributed to token holders in case of liquidation.
XRP has reclaimed the position of the fourth largest cryptocurrency after its market capitalization surged to $43,282,760,872.
Looking at the strong demand for Bitcoin ETF from institutional players, Grayscale doesn’t want to lose its market dominance and is willing to navigate to the ETF market.