Falcon Academy

The SEC’s delay in ruling on XRP ETF applications could have major implications for Ripple. Applications from companies like 21Shares, Grayscale, Bitwise, and others are now set for review by mid-to-late October. These delayed decisions are crucial as they determine whether XRP will be included in exchange-traded funds. According to Morgan, “If the SEC approves the XRP ETFs, it could signal market validation for Ripple and lead to greater institutional adoption.”

Currently, the SEC is reviewing applications that could provide regulated exposure to XRP for institutional investors. If approved, these ETFs would bring increased liquidity and market confidence. Ripple’s ability to integrate with traditional financial markets could be greatly enhanced, positioning XRP for stronger growth.

However, the delay also means a risk of rejection, which could impede Ripple’s integration with traditional finance.

🧡 • ꜰᴏʟʟᴏᴡ @ᴛʜᴇꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ ꜰᴏʀ ᴅᴀɪʟʏ ᴄʀʏᴘᴛᴏ ɴᴇᴡꜱ!

📰 • ᴠɪꜱɪᴛ ʜᴛᴛᴘꜱ://ꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ.ɴᴇᴛ ꜰᴏʀ ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ᴄʀʏᴘᴛᴏ ᴄᴏᴜʀꜱᴇꜱ ᴀɴᴅ ꜱᴜʙꜱᴄʀɪʙᴇ ᴛᴏ ᴏᴜʀ ꜰʀᴇᴇ ᴍᴏɴᴛʜʟʏ ɴᴇᴡꜱʟᴇᴛᴛᴇʀ!

🎥 • ꜱᴜʙꜱᴄʀɪʙᴇ ᴛᴏ ᴏᴜʀ ʏᴏᴜᴛᴜʙᴇ ᴄʜᴀɴɴᴇʟ! ʟɪɴᴋ @ ʜᴛᴛᴘꜱ://ꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ.ɴᴇᴛ

*(ᴀᴜᴛᴏ-ɢᴇɴᴇʀᴀᴛᴇᴅ ʜᴀꜱʜᴛᴀɢꜱ)*

Bitcoin (BTC-USD) surged on Monday to trade near record highs as investor enthusiasm and momentum around crypto grew amid Trump’s recent Fed nomination and executive order allowing crypto investment in 401(k) retirement plans.

The digital token reached $122,000 on Monday before easing to around $120,000. The gains come as inflows into exchange-traded funds (ETFs) have grown and public companies have been adding bitcoin to their balance sheets.

Bitcoin wasn’t the only cryptocurrency getting a bid. Ethereum (ETH-USD) touched 2021 levels on Monday, as the second-largest cryptocurrency by market cap has surged roughly 190% since the April market lows.

Companies have been adding ethereum to their balance sheets as a way to gain exposure to the tech infrastructure behind decentralized finance and digital assets, such as stablecoins.

The move higher in crypto also comes as stocks hover near record highs on expectations that the Federal Reserve will cut rates in September and that President Trump’s next Fed chair pick will likely bring looser monetary policy.

• ꜰᴏʟʟᴏᴡ @ᴛʜᴇꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ ꜰᴏʀ ᴅᴀɪʟʏ ᴄʀʏᴘᴛᴏ ɴᴇᴡꜱ!

📰 • ᴠɪꜱɪᴛ ʜᴛᴛᴘꜱ://ꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ.ɴᴇᴛ ꜰᴏʀ ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ᴄʀʏᴘᴛᴏ ᴄᴏᴜʀꜱᴇꜱ ᴀɴᴅ ꜱᴜʙꜱᴄʀɪʙᴇ ᴛᴏ ᴏᴜʀ ꜰʀᴇᴇ ᴍᴏɴᴛʜʟʏ ɴᴇᴡꜱʟᴇᴛᴛᴇʀ!

🎥 • ꜱᴜʙꜱᴄʀɪʙᴇ ᴛᴏ ᴏᴜʀ ʏᴏᴜᴛᴜʙᴇ ᴄʜᴀɴɴᴇʟ! ʟɪɴᴋ @ ʜᴛᴛᴘꜱ://ꜰᴀʟᴄᴏɴᴀᴄᴀᴅᴇᴍʏ.ɴᴇᴛ

*(ᴀᴜᴛᴏ-ɢᴇɴᴇʀᴀᴛᴇᴅ ʜᴀꜱʜᴛᴀɢꜱ)*