21Shares filed its fifth amended S-1 for an XRP ETF with the SEC and cut fees from 0.50% to 0.30%. With spot XRP ETFs seeing 16 straight days of inflows, investor sentiment has improved and XRP has rebounded.
XRP rebounded after 21Shares filed its fifth S-1 amendment for a U.S. XRP ETF and cut fees to 0.30%. The move comes as spot XRP ETFs logged 16 straight days of inflows, supporting bullish sentiment.
Nasdaq has approved the Canary XRP ETF, allowing investors to gain exposure without directly holding tokens. The ETF still requires SEC registration to begin trading. This breakthrough is expected to attract institutional capital and pave the way for more altcoin ETFs.
The first U.S. XRP ETF, XRPR, launched on CBOE and recorded $37.7 million in first-day volume. While XRP price reaction remained muted, rising exchange inflows and expectations for spot ETF approvals suggest stronger institutional interest and potential volatility ahead.
The VIX fear gauge surged above 35, its highest in nearly a year, yet Bitcoin climbed 5% to over $69,000. Historical data shows VIX spikes often mark Bitcoin bottoms. Crypto volatility index BVIV has retreated from panic levels, hinting that correction may have already run its course.
The VIX surged above 35, the highest in nearly a year, as traditional markets panicked. Bitcoin diverged, rising 5% past $69,000, with historical patterns suggesting VIX spikes often mark bitcoin bottoms. Crypto volatility metrics also indicate panic may have peaked.
The CBOE Volatility Index jumped above 35, a one-year high, as oil price spike rattled traditional markets. Bitcoin defied the panic, rising 5% to $69,000+. Historical data show VIX spikes often coincide with local bottoms for Bitcoin, and the crypto’s own volatility gauge has already retreated, suggesting the worst may be over.
The CBOE Volatility Index (VIX) jumped above 35, a near one-year high, signaling panic in traditional markets. Bitcoin bucked the trend, rising 5% to over $69,000. Historical data shows VIX spikes often coincide with Bitcoin local bottoms, and the crypto volatility index has retreated from its peak, suggesting stress may have been priced in early.
