Oh, the sweet, sweet drama unfolding in the world of XRP! In the latest twist, XRP’s presence on major exchanges has plummeted faster than a bad sitcom rating. Coinbase, a once-proud guardian of 100 million XRP, now clings to a mere fraction-down a staggering 90%! Just think of it: a supply so thin, it’s practically a ghost story. And the plot thickens, as institutions eagerly prepare to feast on spot ETFs, hoarding tokens like hungry wolves.
Institutional Moves: The Wolves Are Circling
Big, serious firms filing for XRP spot ETFs have started their quiet little game of chess, purchasing strategically using TWAP and VWAP. These aren’t your average small-time traders. Each purchase is like a ninja in the night, reducing XRP’s circulation because-surprise!-ETF shares are backed by real XRP, held under lock and key at places like Coinbase and Anchorage. With some ETFs representing between 5 and 50 XRP per share, these movements are already casting ripples across the market, and we’re not talking about the kind of ripples that happen when you drop a stone in a pond. No, this is a tsunami waiting to happen.
Regulatory Changes: The Crypto-Savior is Here
Let’s talk about Paul Atkins, the new SEC chair. The guy’s got a reputation for being *crypto-friendly*, whatever that means. Under his watch, the SEC is no longer the grim reaper of regulations, and more like the cool uncle handing out clear guidance. This is fantastic news for ETF hopefuls because, thanks to the CFTC’s blessing, the crypto world might just see ETF approvals happening faster than anyone could’ve imagined. Historically, the SEC required six months of futures market trading before giving a thumbs up to a spot ETF, but soon enough, this rule may evolve, especially with all the market volume and assets piling up.
History Repeats: Bitcoin and Ethereum ETF Tales
Remember Bitcoin and Ethereum? Of course you do. Their ETF launches were more anticipated than the next season of your favorite Netflix show. The result? Institutional demand sky-rocketed, sending prices into the stratosphere, while the circulating supply dwindled. Now, XRP might just get its own ‘star moment’, thanks to a seriously tight inventory. No more supply, no more problem… or is it?
The Supply Shock: XRP’s Big Moment
Hold on to your hats, folks. We’re witnessing a *supply shock* in real-time. As XRP’s stock dwindles and institutions swoop in to collect their shares, things are about to get interesting. Jake Claver, ever the prophet, warns that every approved ETF could lock up more XRP in custody, reducing circulation and sending market pressure through the roof. Experts are glued to the filings and custody flows, ready to pull the trigger on what could be the most dramatic price movement in the history of the market.
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2025-09-26 09:39