11-15
SEC Issues New Guidance to Expedite Crypto ETF Filings After Shutdown
The U.S. Securities and Exchange Commission has released updated guidelines to help crypto ETF issuers accelerate their filing processes following a backlog from the recent government shutdown. Under the new guidance, registration statements filed without delaying amendments will become effective automatically after 20 days under Section 8(a) of the Securities Act. Bloomberg ETF analyst Eric Balchunas noted that Bitwise's XRP ETF may be among the next funds positioned to advance under the new framework.
11-15
11-12
XRP Trades at $2.46 With 9% Weekly Gain as $2.70 Resistance Level Comes Into Focus
XRP is trading at $2.46, up 9% over the past week despite a 3% decline in the last 24 hours. Market analysts are closely monitoring the $2.70 resistance level and key moving averages as the token consolidates near recent highs. Technical observers note that a break above $2.70 could open the path toward $3.20, while failure to hold the 55-week moving average might bring $1.90 into play as critical support.
11-12