{"id":157730,"date":"2025-05-21T19:00:08","date_gmt":"2025-05-21T16:00:08","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=157730"},"modified":"2025-05-21T17:43:46","modified_gmt":"2025-05-21T14:43:46","slug":"investor-uncertainty-grows-as-xrp-loses-16b-in-market-value-amid-etf-delay","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/investor-uncertainty-grows-as-xrp-loses-16b-in-market-value-amid-etf-delay\/","title":{"rendered":"Investor Uncertainty Grows as XRP Loses $16B in Market Value Amid ETF Delay"},"content":{"rendered":"

The setback<\/a> <\/strong>follows the U.S. Securities and Exchange Commission\u2019s latest move to extend its review of a proposed spot XRP exchange-traded fund.<\/p>\n

The 21Shares Core XRP Trust\u2014designed to track the CME CF XRP-Dollar Reference Rate and leverage Coinbase Custody for storage\u2014is now facing a longer regulatory review process. The SEC announced on May 20 that it would need additional time to assess whether the product meets anti-fraud and investor protection standards under the Exchange Act.<\/p>\n

This pause has shaken investor sentiment. XRP\u2019s market cap, which stood above $153 billion last week, has now dropped to $137.45 billion\u2014a steep decline accompanied by a 10% dip in token price to $2.34.<\/p>\n