Top Categories

Featured

20

Beginner

20

Intermediate

9

Tokens

20

PDAX

20

Create Account
NEWSLETTER BANNER_XRP ETF 2.png

Inside the XRP ETF Challenge: What’s next for investors?

PDAX Photo

PDAX

November 26, 2024

2 min read

PDAX

Inside the XRP ETF Challenge: What’s next for investors? (cryptonewz.com, beincrypto.com)

James Seyffart, a leading ETF analyst at Bloomberg, dives into the regulatory challenges facing XRP ETF applications. Several firms, including WisdomTree, have submitted proposals, but the SEC's concerns about market manipulation and compliance pose significant obstacles. Seyffart suggests that the timeline for approval could stretch into late 2025, emphasizing the need for a more robust regulatory environment.

With potential changes in SEC leadership on the horizon, there may be a shift toward a more crypto-friendly stance, which could influence the XRP ETF landscape. However, Seyffart remains cautious about the uncertainties tied to these approvals, particularly regarding unresolved regulatory issues.

DISCLAIMER: PDAX reaffirms that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems. Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.

For inquiries or complaints, please contact us through the following channels:- Chatbot: https://pdax.ph or https://web.pdax.ph/ (click web chat feature)- ‘Customer Support’ webpage at https://support.pdax.ph- Email: support@pdax.phPlease provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.Philippine Digital Asset Exchange (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels: - Email: consumeraffairs@bsp.gov.ph- Webchat: http://www.bsp.gov.ph (click web chat feature)- Facebook: https://www.facebook.com/BangkoSentralngPilipinas- Direct Line: (02) 5306 2584 / (02) 8708 7087- Trunk Line: (02) 8708 7701 loc. 2584- SMS: 21582277 (for Globe subscribers only). For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.

About PDAX

PDAX is a BSP-licensed exchange where you can trade Bitcoin, Ethereum, and other cryptocurrencies directly using PHP!

Explore Topics

NFTs

20

DeFi

20

Tokens

20

Crypto Basics

14

Metaverse

14

BTC

12

ETH

10

Trading

8

Security

5

Featured Posts

You might also like

GENERAL LEARN BANNER_1200x628 (1).png

XRP Surges Past Tether: A New Era for Cryptocurrencies

PDAX Photo

PDAX

December 02, 2024

Navigation

PDAX Learn

Crypto, investing, trading, and more.

PDAX Learn © 2024