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US SEC seeks $2 billion in fines from Ripple through court

"The U.S. Securities and Exchange Commission (SEC) has asked the court to impose $2 billion in penalties on Ripple," reports Stuart Alderoty, Chief Legal Officer at Ripple (XRP), X. "The SEC filed a remedies briefing in the case on Wednesday (local time). A remedies briefing is a process in which plaintiffs and defendants propose their desired remedies, along with legal arguments to support their pre-judgment arguments. "The SEC is making statements that are false, misleading and intended to deceive. They are using the law solely to punish and intimidate Ripple and the industry. We trust that the court will approach the remedy process fairly.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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