TechFlow news — On November 4, according to CrowdFund Insider, Ripple released its Q3 2024 XRP Market Report. The report emphasized that the "non-security" status of XRP remains intact, and the SEC's appeal against Ripple does not involve the question of whether XRP is a security. During the third quarter, multiple institutions showed strong interest in XRP investment products, with Bitwise, Canary, and 21Shares all submitting S-1 filings for XRP ETFs.
Notably, since the court ruled that XRP itself does not constitute a security, all U.S. exchanges that previously delisted XRP have now relisted it. The Chicago Mercantile Exchange (CME) launched an XRP reference rate, and Bitnomial announced plans to introduce XRP futures products. Grayscale also launched an XRP Trust and filed to convert its Digital Large Cap Fund, which includes XRP, into an ETF.
