SEC Registration Exemptions Drive $38.86 Million Inflow into XRP ETFs
Institutional investors moved $38.86 million into seven U.S. spot XRP ETFs on Thursday, pushing the collective assets under management for those products to over $1.25 billion. The surge in capital was driven by the SEC's clarification that non-custodial XRPL platforms are exempt from broker-dealer registration. This exemption provided the regulatory safe harbor necessary for institutional participation. XRP hit a three-week high of $1.42.
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