COINDESK DAILY: Ripple Eyes XRP ETF, U.S. Reserve
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 20 March 2025
⏱️ 3 minutes
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| 0:00.0 | Anticipation is building for an XRP ETF and a pair of Solana Futures ETFs. |
| 0:06.3 | It's Thursday, March 20th, 2025. |
| 0:09.3 | I'm Christine Lee. This is Coind Us Daily. |
| 0:17.1 | Ripple CEO Brad Garlinghouse anticipates the launch of an XRP exchange-traded fund by the end of 2025 following the resolution of Ripple's legal battle with the U.S. Securities and Exchange Commission. |
| 0:30.4 | Garlinghouse telling Bloomberg that XRP closely related to Ripple is also expected to be part of the White House's proposed digital asset stockpile, |
| 0:39.0 | as per an initiative formalized by U.S. President Donald Trump's executive order. |
| 0:43.7 | Meanwhile, whales are circling. These large holders of XRP token have been boosting their stash |
| 0:49.8 | by over 6% to 46 billion in two months worth $114 billion, according to data tracked by sentiment, |
| 0:57.9 | reflecting growing confidence in the network. |
| 1:01.1 | Volatility shares LLC is launching two ETS tracking Solana futures, according to an SEC filing, |
| 1:07.1 | with the Volatility Share's Solana ETF, Soles, offering standard exposure and the volatility |
| 1:13.1 | shares 2X Salana ETF, Solt, providing leveraged exposure. The ETFs, the first to track |
| 1:19.8 | Solana futures, come as issuers await SEC decisions on Spot Salon ATFs, which analysts see |
| 1:26.4 | as having a 75% chance of approval by year end. A Spot Salon ATS, which analysts see as having a 75% chance of approval by year-end. |
| 1:30.3 | A Spot Solana ETF approval may hinge on an established futures market, aligning with the SEC's criteria for Spot CryptoEFs. |
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| 2:11.6 | Krakken is reportedly close to a $1.5 billion deal for Ninja Trader, a U.S. Futures Trading Platform. |
... |
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