XRP ETF is Here, But Does it Matter Without SEC Lawsuit Clarity? Analysis
- First US XRP ETF (Teucrium 2X Long XXRP) launches today, April 8th, amid market volatility
- SEC vs Ripple lawsuit uncertainty continues; SEC appeal status, Apr 16 deadline watched
- Launch occurs during tariff-driven market stress; BTC holds near $79k after recent drop
Investor focus shifted Tuesday toward the launch of the first U.S. XRP exchange-traded fund – the Teucrium 2x Long Daily XRP ETF (XXRP) – even as significant regulatory uncertainty and market volatility persist.
The fund, aiming to double XRP’s daily performance via swaps, debuted during a period of heightened speculation. While a milestone for XRP accessibility, questions remain about its near-term impact given the unresolved SEC lawsuit against Ripple and broader market stress.
Related: Billmarket Predicts 99% Chance of XRP ETF Approval in 2025
Lingering SEC vs. Ripple Lawsuit Questions
The SEC’s delayed response regarding its appeal in the Ripple case continues to create market uncertainty. Ripple CEO Brad Garlinghouse recently suggested the SEC might withdraw its appeal (following reports of a $50 million settlemen…
The post XRP ETF is Here, But Does it Matter Without SEC Lawsuit Clarity? Analysis appeared first on Coin Edition.
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XRP ETF is Here, But Does it Matter Without SEC Lawsuit Clarity? Analysis
- First US XRP ETF (Teucrium 2X Long XXRP) launches today, April 8th, amid market volatility
- SEC vs Ripple lawsuit uncertainty continues; SEC appeal status, Apr 16 deadline watched
- Launch occurs during tariff-driven market stress; BTC holds near $79k after recent drop
Investor focus shifted Tuesday toward the launch of the first U.S. XRP exchange-traded fund – the Teucrium 2x Long Daily XRP ETF (XXRP) – even as significant regulatory uncertainty and market volatility persist.
The fund, aiming to double XRP’s daily performance via swaps, debuted during a period of heightened speculation. While a milestone for XRP accessibility, questions remain about its near-term impact given the unresolved SEC lawsuit against Ripple and broader market stress.
Related: Billmarket Predicts 99% Chance of XRP ETF Approval in 2025
Lingering SEC vs. Ripple Lawsuit Questions
The SEC’s delayed response regarding its appeal in the Ripple case continues to create market uncertainty. Ripple CEO Brad Garlinghouse recently suggested the SEC might withdraw its appeal (following reports of a $50 million settlemen…
The post XRP ETF is Here, But Does it Matter Without SEC Lawsuit Clarity? Analysis appeared first on Coin Edition.
Read More
Ripple vs SEC Aftermath: Court Ruling on XRP Sales Now Key to IPO Future