Here are today’s $XRP news highlights:

1.There are rumors that SEC Chairman Gary Gensler may resign by Dec 31,2024.

2.Bitwise Files for XRP ETF: Bitwise has filed a registration statement with the SEC to launch a spot XRP exchange-traded fund (ETF), aiming to provide investors with direct exposure to XRP. This filing comes amid the SEC’s appeal regarding XRP’s security status. 

3.XRP Price Volatility: Following the SEC’s appeal, XRP’s value experienced a decline of up to 11%, reflecting market reactions to the ongoing legal uncertainties. 

4.Ripple Ordered to Pay Penalty: A Manhattan court has ordered Ripple Labs to pay $125 million in penalties to the SEC for improperly selling XRP tokens, marking a significant development in the legal proceedings. 

5.SEC Seeks $2 Billion from Ripple: The SEC is pursuing $2 billion in penalties from Ripple Labs over the sale of XRP tokens, intensifying the regulatory scrutiny on the company. 

Stay informed as these developments continue to unfold.