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SEC's Howey FAQs, XRP ETF Hits $1.77B & SWIFT Rumours Unpacked
Audio is available on Spreaker — see link below.
The SEC's September 25 Howey guidance reshapes XRP's regulatory risk profile — here's what it actually means and what it doesn't. Plus: spot XRP ETF assets surge 80% in a quarter, CLARITY Act collapses, and SWIFT-Ripple rumours get reality-checked.
Audio is available on Spreaker — see link below.
The SEC just clarified something the crypto industry has been waiting years to hear clearly. Token buybacks, staking, and network maintenance activities on functional networks don't automatically make a token a security.
The wider legislative picture explains why the SEC moved this way. The CLARITY Act failed its Senate vote.
On the institutional side, the numbers are harder to argue with. U.S. spot XRP ETF net assets hit one point seven seven billion dollars by September twenty-fifth.
At Sibos, speculation circulated that Ripple and SWIFT were moving toward an XRP integration. The important distinction is what's actually confirmed.
On price, XRP is trading near one point four nine, consolidating after August's fifty-three percent rally broke a year-long descending channel. The breakout changed the medium-term structure.
The clearest near-term signals are the weekly close relative to two dollars, whether the SEC follows its September FAQs with formal rulemaking, and whether ETF inflows sustain into the next quarter. Those three data points will tell you more than anything else circulating right now.
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