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Ripple in the Spotlight: SEC Appeals XRP Ruling, Bitwise Updates ETF, and IPO Buzz Grows

  • The SEC has filed its Form C with the Second Circuit Court of Appeals, appealing the 2023 ruling in the Ripple case.
  • Bitwise has updated its S-1 registration for its XRP ETF application, refining custody, trust structure, and share creation and redemption methods.
  • Ripple CEO, Brad Garlinghouse, has mentioned the potential for a Ripple IPO, although it is not currently a high priority for the company.
  • XRP is struggling to regain its $0.55 level and currently trades at $0.54.

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