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XRP and Solana on Hold: SEC Delays BlackRock's ETF Applications
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on cryptocurrency ETF applications from BlackRock and Franklin Templeton. This delay affects products related to Ethereum, Solana, and XRP, with Franklin Templeton required to decide on a change regarding Ethereum staking by November 13, while the deadlines for its Solana and XRP ETFs have been set for November 14. BlackRock is also left waiting, as its application for staking products in the iShares Ethereum Trust has been pushed to October 30.
The SEC has not indicated which way it might lean on these applications, and this is not the first time there have been delays on ETF applications for altcoin and staking products. Currently, the regulatory body is reviewing over 90 applications for cryptocurrency ETFs and related products. Bloomberg analyst Eric Balchunas has suggested that a Dogecoin ETF might be on the verge of launching, indicating a unique moment in financial history.
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"The SEC's indecision continues to create uncertainty in the market, particularly for major players like BlackRock and Franklin Templeton." - BTC-ECHO
Key Takeaway: The SEC's delays on ETF applications for XRP and Solana highlight ongoing regulatory uncertainties in the cryptocurrency market.
XRP Gains Traction in European Banks
The relationship between the European banking sector and the cryptocurrency market is gaining momentum, with the Spanish bank BBVA announcing an expanded collaboration with Ripple to offer digital asset custody services. Meanwhile, Germany's DZ Bank has implemented a Ripple custody solution, marking a significant step at the institutional level. This trend is influenced by the MiCA regulation (Markets in Crypto-Assets), leading to increased acceptance of XRP among established financial institutions.
Private investors are also turning to Quid Miner Cloud Mining, which claims to generate daily earnings of up to $5,577, establishing itself as a "cash flow solution" amidst market fluctuations. The integration of XRP into banking systems indicates that it is no longer viewed merely as a speculative asset but is becoming part of the financial infrastructure.
"XRP is increasingly being recognized as a bridge for cross-border payments and liquidity." - FinanzNachrichten.de
Key Takeaway: XRP's growing acceptance in European banks signifies a shift towards institutional integration of cryptocurrencies.
Ripple Controls Nearly Half of All XRP
Ripple Labs holds approximately 42% of all existing XRP, maintaining the largest position in the cryptocurrency. In addition to 4.5 billion XRP in liquid assets, another 35 billion tokens are locked in escrow contracts, which are released monthly. Co-founder Chris Larsen still possesses over 2.5 billion XRP, valued at around $7 to $8 billion, distributed across multiple wallets, some of which have remained untouched since 2013.
Notably, trading platforms are also significant holders, with Upbit managing over 6 billion XRP for its customers, followed by Binance with about 2.7 billion. However, Coinbase has reduced its XRP holdings by more than half since summer 2025, indicating a strategic realignment rather than regulatory motivations. The number of wallets holding over 1 million XRP has reached a record high of 2,708, reflecting increased institutional interest and renewed confidence in XRP following the resolution of its legal battle with the SEC.
"The concentration of XRP holdings raises questions about the actual decentralization and long-term independence of the network." - BTC-ECHO
Key Takeaway: Ripple's significant control over XRP raises concerns about decentralization within the cryptocurrency ecosystem.
DOT Miners Launches VIP Club for XRP Holders
DOT Miners has officially introduced a VIP Club aimed at supporting XRP holders in building a daily income of up to $10,000 through intelligent cloud mining. The program utilizes AI-driven resource allocation and tailored mining contracts to provide members with stable earnings, creating a secure and sustainable way to enhance digital asset value amidst market volatility.
The VIP Club not only focuses on yield enhancement but also offers exclusive mining pools, risk management advice, and premium experiences in global green mining farms. This initiative is part of DOT Miners' commitment to integrating AI technology and renewable energy into the cloud mining sector, positioning itself as a leader in sustainable financial solutions.
"The VIP Club is not just an exclusive mining platform; it is the starting point for the future of digital asset management." - Wallstreet Online
Key Takeaway: The launch of the VIP Club by DOT Miners represents a significant step towards integrating advanced technology and sustainability in cloud mining for XRP holders.
Next Generation of Cloud Mining: BAY Miner
More Bitcoin (BTC) and Ripple (XRP) investors are turning to BAY Miner, marking a new era in cloud mining that fundamentally changes participation in the digital asset market. As BTC fluctuates within a critical support range and XRP falls below an important level, BAY Miner offers a solution with zero hardware investments and a minimalist process, making it accessible in over 180 countries.
The platform allows users to register quickly with just an email address, eliminating traditional barriers to entry. BAY Miner provides a variety of cloud mining contracts tailored to different budgets and investment horizons, ensuring flexibility for investors. With automated daily settlements and a commitment to compliance with international standards, BAY Miner is establishing itself as a reliable option for cryptocurrency cloud mining.
"BAY Miner transforms unused cryptocurrencies into consistent, significant income." - Wallstreet Online
Key Takeaway: BAY Miner is revolutionizing cloud mining by offering a user-friendly platform that maximizes profitability while minimizing effort for BTC and XRP investors.
Sources:
- XRP und Solana auf der Wartebank: SEC lässt BlackRock zappeln
- XRP setzt sich in Europas Banken durch - Quid Miner Cloud Mining macht tägliche 5.577 US-Dollar Realität
- Franklin XRP ETF Überprüfung von der SEC verlängert, amid Optimismus in der Branche
- Ripple besitzt fast die Hälfte aller XRP: Das sind die reichsten Wallets
- DOT Miners führt VIP-Club ein und unterstützt XRP-Inhaber beim Aufbau eines täglichen Einkommens von 10.000 $
- Nächste Generation des Cloud Mining: Warum immer mehr BTC- und XRP-Investoren auf BAY Miner setzen
