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Today’s key points:
1. The U.S. SEC approved ProShares’ XRP Futures ETFs, set to begin trading today, marking a significant step for Ripple’s XRP in gaining mainstream financial exposure. Investors can access these ETFs via brokers
2. SoFi, a fintech bank, announced it will resume cryptocurrency investing in 2025, citing a “fundamental shift” in U.S. regulatory landscape under the Trump administration.
3. The new SEC Chair, Paul Atkins, emphasized clear regulations for crypto, signaling a shift toward fostering innovation. U.S. bank regulators also relaxed crypto-related restrictions, potentially encouraging bank involvement.
4. CoinMarketCap report highlighted $649 billion in high-risk stablecoin transfers, underscoring ongoing challenges with illicit activities in the crypto space