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XRP ETF Seeks SEC Approval for Year-End Launch
XRP ETF Seeks SEC Approval for Year-End Launch

Quick Take Summary is AI generated, newsroom reviewed. 21Shares files for an XRP ETF with the SEC, which has 20 business days to respond. The ETF could launch as early as November 27 if the filing faces no objections. XRP ETFs allow investors to gain exposure without buying cryptocurrency directly. Approval could boost XRP’s liquidity, mainstream adoption, and market credibility.References JUST IN: 21Shares just filed for #XRP ETF with SEC.

coinfomania·2025/11/08 14:09
$700 Million Exit From Ethena’s USDe Sparks Panic After xUSD and deUSD Collapse
$700 Million Exit From Ethena’s USDe Sparks Panic After xUSD and deUSD Collapse

Quick Take Summary is AI generated, newsroom reviewed. Ethena’s USDe lost $700 million in redemptions within one week of November 2025. Market capitalization plunged by over $5.4 billion since October 11, 2025. The collapse of xUSD and deUSD triggered contagion across yield-bearing stablecoins. USDe’s delta-hedging and yield model face scrutiny amid investor flight and regulatory pressure.References X Post Reference

coinfomania·2025/11/08 14:09
Flash
  • 21:01
    Perli: The standing repo facility should be used extensively when needed
    ChainCatcher News, according to Golden Ten Data, the Federal Reserve System Open Market Account Manager Perli stated that the standing repo facility should be used when needed, and there is no reason why the standing repo facility cannot be used extensively.
  • 20:07
    Data: In the past 24 hours, total liquidations across the network reached $643 million, with long positions liquidated for $530 million and short positions for $113 million.
    According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $643 million in the past 24 hours, with long positions liquidated for $530 million and short positions for $113 million. Among them, bitcoin long positions were liquidated for $150 million, and bitcoin short positions for $36.945 million; ethereum long positions were liquidated for $126 million, and ethereum short positions for $30.2414 million. In addition, over the past 24 hours, a total of 162,856 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - POPCAT-USD, valued at $21.2922 million.
  • 20:05
    Waller: The Federal Reserve will accelerate the launch of a risk-customized payment account system
    Jinse Finance reported that Federal Reserve Governor Waller stated on Wednesday that the Fed plans to launch a new simplified payment account system, allowing institutions to obtain customized access to payment services based on their risk profile, with the goal of putting it into operation before the fourth quarter of next year. "We are moving at the speed of a startup on this project, not dragging our feet like traditional federal regulators," Waller said when announcing the accelerated timeline. "I have always believed that we are a 'new Fed,' and we must make a difference." Waller is the chair of the Fed's internal payments committee. Last month, he first detailed the concept of such "slimmed-down accounts," which would allow certain institutions to access the Fed's payment infrastructure without other services or guarantee mechanisms attached.
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