Updated prospectus for XRP spot ETF submitted to US SEC, with Coinbase Custody as custodian and a fee of 0.34%.
U.Today reports that XRP is poised for its third consecutive monthly gain, having risen 8.67% in September to trade at approximately $1.5060. This optimism largely stems from regulatory developments: yesterday (September 28), an updated spot XRP ETF 424B3 prospectus was filed with the U.S. Securities and Exchange Commission (SEC). The document reveals that Coinbase Custody has been designated as the custodian for the fund, with an investor fee of 0.34%. While this is not a final decision from the SEC, the market views it as a clear indication that the ETF infrastructure is ready, potentially attracting institutional capital inflows.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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