Suche
The focus: SEC boss announces large XRP news for October!
Paul Atkins from SEC declares Krypto priority. XRP ETF applications expect soon to be approved, optimism is growing.
The focus: SEC boss announces large XRP news for October!
In a recent interview with journalist Eleanor Terrett, Paul Atkins, the chairman of the SEC, described the crypto economy as the top priority of his authority. This statement, which was made on September 29, caused excitement in the crypto community, especially with regard to XRP. Attention is now aimed at developments around the XRP ETF and the possible price movements in the coming month.
The SEC has announced a remarkable procedure: Issuers from XRP, Solana, Cardano and Dogecoin ETFs were asked to withdraw their current 19b-4 applications. This decision was initially regarded as a setback, but aims to speed up the approval process for ETFs. With the recent decision of the SEC to approve generic list standards for all crypto ETFs, the individual 19b-4 application becomes superfluous, and only an S-1 submission is required.
Potential for XRP in October
The demand for an XRP ETF continues to increase, as more than a dozen investment funds have submitted applications, the deadlines of which will begin this week. The XRP community is optimistic that a decisive turn is imminent in October. Despite difficulties to overcome the resistance brand of $ 3.60, market experts believe that this month could be crucial for XRP.
Experts in the industry expect the demand that the demand of institutional funds and the existing partnerships of Ripple XRP could drive into the range of $ 5 to 7 at short notice with long-term forecasts that even promote the potential of the $ 10. The mood in the community has already shifted towards higher prices, especially with the expectation that the first XRP ETF will be introduced in October.
Overall, Paul Atkins' focus on crypto and the strategic changes in the SEC could have far -reaching effects on the market. Investors are ready, while developments around XRP continue to develop.
For more detailed information about the statements of Paul Atkins and the current developments in the crypto world, please visit U.Today.