#XRPETF

After a wave of liquidations and a steep sell-off, the crypto markets rallied Wednesday when President Donald Trump announced a pause on tariffs: The price of bitcoin and ether surged Wednesday after President Trump announced a 90-day pause on tariffs for countries that had not put retaliatory tariffs on the US. But crypto prices quickly gave back those gains on Thursday amid a broader market sell-off.

Teucrium launched the first XRP ETF in the US: Trading under the ticker "XXRP," the ETF has drawn inflows by offering leveraged exposure to XRP price movements. Meanwhile, spot XRP ETFs could be approved later this year.

Senate approves Atkins: After a months-long process, the US Senate confirmed Paul Atkins as the new chair of the Securities and Exchange Commission. Atkins is expected to take a pro-crypto stance toward the digital assets sector.

Galaxy Digital moved closer to a US listing with SEC approval and announced a planned Nasdaq debut after a May 9 shareholder vote: The firm stated that it plans to redomicile to Delaware and list as “GLXY” to capitalize on rising institutional crypto demand.

Tether may be considering launching a US-only stablecoin if new domestic regulations are introduced by the Trump administration: The initiative could provide a settlement currency for the US market as Tether strengthens its compliance and auditing measures.