crypto news
takeout:
- XRP ETF launch approaches: With Canary Capital’s updated S-1 filing, the Spot XRP ETF could automatically go into effect by November 13th, making it one of the fastest ETF approvals in crypto history.
- Retail moves to Web3: As financial institutions target ETFs, retail investors are moving to utility-driven ecosystems like Best Wallet ($BEST), which bridges traditional finance and DeFi.
- $BEST leads the next wave of adoption: Built on Fireblocks MPC technology, Best Wallet combines trading, staking (up to 78% APY), and pre-sale access and has already raised $16.7 million, establishing itself as the next gateway for retail growth.
The long-awaited spot XRP ETF may finally arrive in the next few weeks. Asset manager Canary Capital has filed an updated S-1, removing a “delayed amendment” that previously prevented automatic approval, a major step toward launch.
Thanks to this update, the registration could be “automatically activated” and set for a potential launch date of November 13, pending Nasdaq’s review of the company’s 8-A filing.
The move comes on the heels of Canary’s recent launch of the Solana ETF and HBAR ETF, both of which took effect through the same route and attracted strong early inflows.
This streamlined process could make $XRP’s debut the fastest ETF approval in crypto history, according to Eric Balchunas, ETF strategist at Bloomberg.
Meanwhile, there appears to be increasing support among regulators and analysts. SEC Commissioner Paul Atkins supported an automatically effective approach during the recent government shutdown.
Meanwhile, Bitwise CIO Matt Hogan believes the XRP ETF has the potential to attract billions of dollars in inflows in the coming months, backed by the unwavering belief of $XRP’s cult following, also known as the “XRP Legion.”
Analysts are already eyeing the XRP price to climb toward $10, with some predicting it to rise even more significantly, reflecting the momentum seen after the successful launch of the Rex Osprey ETF.
However, while financial institutions are focused on the ETF boom, individual traders are shifting their attention to emerging altcoins and Web3 platforms that can grow independently of short-term ETF cycles.
One of the best examples of this movement is Best Wallet ($BEST), an emerging superwallet that connects users directly to the future of decentralized finance.
Best Wallet ($BEST): Gateway to the next wave of Web3 adoption
As Wall Street embraces crypto ETFs, retail investors need tools that provide the same level of access to on-chain finance. Best Wallet ($BEST) is building that bridge.
Best Wallet is the next generation Web3 super wallet designed to make participating in cryptocurrencies easy, secure, and rewarding.
Powered by Fireblocks’ cutting-edge MPC-CMP technology, it is the first non-custodial wallet to combine multi-chain support, pre-sale access, and decentralized trading into a single seamless platform.
The app combines three flagship products into one powerful crypto hub: Best Wallet, Best DEX, and the upcoming Best Card. Users can hold and trade assets across over 60 major chains, while the Best DEX aggregator automatically finds the best on-chain rate for each swap.
Best Card, on the other hand, allows users to spend their cryptocurrencies anywhere and earn cashback and rewards on every purchase.
Designed with a mobile-first approach, Best Wallet provides an intuitive all-in-one experience that empowers both beginners and experienced investors.
Additionally, its “Upcoming Tokens” portal provides users with access to vetted pre-sales. This opens the door to early-stage opportunities while minimizing third-party risk.
Just as ETFs are enabling TradFi institutions to access cryptocurrencies, Best Wallet is democratizing Web3 for everyone, setting new standards for security, simplicity, and on-chain opportunities.
$BEST Tokenomics: Staking, Momentum, and Long-Term Growth
As institutional money flows into ETFs like XRP and Solana, retail investors are looking for tokens that offer more than just price speculation. Best Wallet ($BEST) offers yield, practicality, and beneficial ownership – everything retail investors are looking for.
The ongoing $BEST presale has already raised over $16.7 million, and the token price is currently $0.025,875. This is a sign of strong confidence in the long-term sustainability of the ecosystem.
By staking $BEST, holders can earn up to 78% APY while unlocking governance rights and early access to new DeFi integrations within the Best Wallet ecosystem.
Each layer of Best Wallet is designed to make your participation in Web3 secure, seamless, and rewarding. From its Fireblocks MPC architecture to its pre-sale discovery hub, $BEST turns everyday cryptocurrency activities into an intuitive, revenue-generating experience.
As financial institutions put money into large crypto ETFs, $BEST provides a bridge to what’s next, giving retail users direct access to growth, yield, and innovation across the decentralized economy.
Join the Best Wallet ($BEST) presale now. A smart and secure gateway for investors seeking genuine on-chain opportunities.
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