COINDESK DAILY: XRP & DOGE Blast After SEC Acknowledges Grayscale ETF Applications
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 14 February 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the crypto industry as XRP and Dogecoin surged after the SEC acknowledged Graycale's ETF applications.
XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets. CoinDesk’s Christine Lee hosts “CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:00.0 | XRP and Doge mooning after the SEC acknowledged respective spot ETF applications. |
| 0:05.7 | It's Friday, February 14th, 2025. I'm Christine Lee. This is Coiness Daily. |
| 0:15.6 | We all want to believe in something. In Chinese, belief also means trust. We want to trust our systems |
| 0:22.9 | and each other so we can build a future beyond what we know. Join us at Consensus Hong Kong, |
| 0:29.0 | where belief becomes real. XRP and Doge coin surging after the U.S. Securities and Exchange |
| 0:34.6 | Commission acknowledged Grayscale's applications for XRP and Doge Spot ETFs. |
| 0:39.7 | These filings will now be submitted to the SEC's Federal Register, setting off a 240-day deadline to review and decide on the applications. |
| 0:48.6 | Recently, there have been a wave of filings for crypto ETFs, including Solana and Lightcoin, indicating expectations |
| 0:55.0 | for accelerated integration of cryptocurrencies into mainstream finance under Donald Trump's presidency. |
| 1:02.2 | Potential approval of crypto-spot ETFs would make it easier for institutions to take exposure |
| 1:06.6 | to digital assets without directly purchasing and storing them. |
| 1:10.4 | That could enhance market |
| 1:11.5 | liquidity and boost demand for cryptocurrencies. In corporate news, Coinbase followed Robin Hood |
| 1:17.3 | with strong earnings and GameStop is pondering a Bitcoin investment, another potential catalyst |
| 1:22.7 | for the market. CNBC reporting GameStop is considering investments in Bitcoin crypto and other alternative |
| 1:29.0 | asset classes just days after CEO Ryan Cohen posted a picture of himself with Michael |
| 1:34.1 | Saylor, founder of the Bitcoin corporate treasury firm Strategy. |
| 1:38.6 | GameStop reported 4.6 billion in cash on its balance sheet as of the end of the third |
| 1:43.2 | quarter and total liabilities |
| 1:44.8 | of less than one and a half billion, giving it lots of buying firepower. |
| 1:49.7 | South Korea's Financial Services Commission plans on lifting a ban that prevented institutions |
| 1:53.7 | trading crypto in response to the upsurge in global participation in the market. |
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