XRP spot ETFs logged their second net outflow in over a week on July 1 $1.86M out, breaking a steady inflow run.
Underlying flows were split: Franklin's XRPZ added $2.88M (cumulative $413M), while the Bitwise ETF shed $4.75M (cumulative $495M).
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SEC’s request. All subject to Commission vote, drafting of final documents and usual court processes.
That’s all folks!
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build.
Ripple has secured regulatory approval from the Dubai Financial Services Authority (DFSA), making us the first blockchain payments provider licensed in the DIFC. https://t.co/LnEOSozNB7
This milestone unlocks fully regulated cross-border crypto payments in the UAE, bringing faster, cheaper, & more transparent transactions to a $40B market. 🇦🇪
🌊 Ripple Cross-Border Payments Expansion in Portugal & Brazil!
Strategic partnerships with Unicâmbio, Travelex Bank, and Mercado Bitcoin are set to enhance financial connectivity between Europe and Latin America via Ripple Payments.
XRP I RLUSD
https://t.co/ZP6ZnMtwYQ