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XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26


by Coin Edition
for CoinEdition
XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26

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AI Overview

XRP ETFs currently manage approximately $1.06 billion, with offerings from Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital. A significant SEC decision on T. Rowe Price's XRP ETF is expected by February 26, which could enhance XRP's adoption in mainstream finance.

Bullish
  • XRP ETFs hold about $1.06 billion in combined assets under management (AUM).
  • Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital are offering XRP ETFs.
  • T. Rowe Price is a global investment management firm with over $1 trillion in assets.

The SEC is set to decide by February 26 whether to approve an XRP ETF filed by investment giant T. Rowe Price, which would represent a rather important moment for bringing XRP into the world of regulated, mainstream investing.

The decision comes as XRP ETFs are already booming, holding about $1.06 billion in combined assets under management (AUM). Right now, five companies are offering XRP ETFs: Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital.

These funds let investors bet on XRP through a regular stock exchange, without having to buy or store the crypto themselves.

If T. Rowe Price (a fi…

Read The Full Article XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26 On Coin Edition.

Read the article at CoinEdition

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XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26


by Coin Edition
for CoinEdition
XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26

Share:

AI Overview

XRP ETFs currently manage approximately $1.06 billion, with offerings from Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital. A significant SEC decision on T. Rowe Price's XRP ETF is expected by February 26, which could enhance XRP's adoption in mainstream finance.

Bullish
  • XRP ETFs hold about $1.06 billion in combined assets under management (AUM).
  • Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital are offering XRP ETFs.
  • T. Rowe Price is a global investment management firm with over $1 trillion in assets.

The SEC is set to decide by February 26 whether to approve an XRP ETF filed by investment giant T. Rowe Price, which would represent a rather important moment for bringing XRP into the world of regulated, mainstream investing.

The decision comes as XRP ETFs are already booming, holding about $1.06 billion in combined assets under management (AUM). Right now, five companies are offering XRP ETFs: Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital.

These funds let investors bet on XRP through a regular stock exchange, without having to buy or store the crypto themselves.

If T. Rowe Price (a fi…

Read The Full Article XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26 On Coin Edition.

Read the article at CoinEdition

Share:

Share:

Read More

XRP Prepares for New Highs After Returning Below Crucial Support

XRP Prepares for New Highs After Returning Below Crucial Support

The resurgent optimism around XRP’s price faded over the weekend after the cryptocurr...
XRP Price Prediction: Can Bulls Flip $1.62 After OI Reset?

XRP Price Prediction: Can Bulls Flip $1.62 After OI Reset?

XRP trades near $1.49 as traders watch for signs of recovery on the 4-hour chart. The...