Oh, the crypto market is finally getting its act together, right? Canary Funds’ HBAR and Litecoin ETFs are now live on NASDAQ, because nothing says “excitement” like a bunch of tech bros betting on digital beans. Meanwhile, the NYSE is busy certifying Solana ETFs like they’re selling hotcakes at a bake sale. 🥞🚀
Meanwhile, XRP is still stuck in the “wait your turn” line, while the rest of the crypto crowd gets their shiny new ETFs. It’s like the SEC’s version of a family reunion-everyone’s invited except the one kid who brought a controversial pet. 🐶🚫
SEC Guidance: The Ultimate Mystery Tour
Bloomberg’s James Seyffart is all, “Oh, it’s probably the SEC’s new Q&A guide!” Because nothing says “clarity” like a 22-question document that’s basically a riddle wrapped in a mystery inside a bureaucratic snow globe. 🧊🧠
And sure, ETFs are technically securities. But if the SEC’s guidance is a treasure map, XRP’s filing is just a doodle of a stick figure holding a “WIP” sign. 🧩💩
Bill Morgan: “Not Because of the Shutdown”
Bill Morgan, the crypto world’s resident legal guru, is here to confirm that the XRP ETF delay isn’t due to the government shutdown. Because obviously, the SEC would never use a real excuse. They’re all about transparency, like a toddler with a magnifying glass. 🕵️♂️👶
He also reminds us that Ripple’s SEC lawsuit was basically a five-year game of “Who Can Sue Faster?” And now, XRP is stuck in the “what happens after the drama ends” phase. 🎭📉
Ripple’s Legal Chapter: Finally Closed? (Probably Not)
Ripple’s lawsuit with the SEC ended in August 2025, which is like a long, drawn-out divorce where everyone’s still bitter but too exhausted to fight. 💔💸
After the settlement, XRP’s price had a mini-celebration, because nothing says “renewed optimism” like a 9% spike. But the SEC? They’re still playing “guess the timeline,” which is their version of a party game. 🎲🌀
So, while the rest of crypto is busy ETF-hopping, XRP is still waiting for the SEC to stop being a bureaucratic magician and just pull the damn rabbit out of the hat. 🧙♂️🐇
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2025-10-28 11:53