XRP ETFs (Exchange-Traded Funds) allow investors to gain exposure to XRP's price movements without directly buying or managing the cryptocurrency. Recently, ProShares received SEC approval for three XRP futures-based ETFs, set to debut on April 30, 2025. These ETFs will offer leveraged and inverse exposure to XRP futures prices. #XRPETFs #TrumptaxCuts
TRX ETF proposal is an interesting development in the crypto space, offering a potential new way for investors to engage with TRON's token. However, its success depends on regulatory app#TRXETF
Upbit Suspends VTC, VRC, XDN, and XZC Withdrawals for Wallet Upgrades
Upbit Temporarily Suspends VTC, VRC, XDN, and XZC Withdrawals Upbit, a major cryptocurrency exchange, has announced the temporary suspension of withdrawals for VTC (Vertcoin), VRC (Vericoin), XDN (DigitalNote), and XZC (Zcoin) effective April 12th at 11 PM (KST). This suspension is necessary to facilitate wallet upgrades for these tokens. It's important to note that these tokens are no longer supported for trading on Upbit and are only available for withdrawals. Upbit recommends that users move their affected tokens to other wallets or exchanges before the suspension takes effect to avoid any potential disruption. Upbit has not provided a specific timeline for when withdrawals will be resumed, but users are encouraged to monitor the exchange's official announcements for updates. In the meantime, deposits and trading for other supported cryptocurrencies remain unaffected.