The XRP ETF Goes Live, Markets Shake, and Regulators Sound the Alarm

Today on The Daily Crypto Roundup, we break down a huge day across the crypto markets.

The UK’s Serious Fraud Office has opened a major investigation into a $28 million crypto scheme involving misleading NFT sales and investor losses. The Financial Stability Board has released a new review warning that global crypto regulation remains fragmented, inconsistent, and increasingly risky for cross-border markets. Meanwhile, the entire crypto sector has shed more than $1 trillion in value over the last six weeks as fears of a wider tech bubble collide with fading expectations of rate cuts.

We also look at Tether’s surprising new investment into Latin-American crypto settlement rails — a move that could reshape how USDT flows through emerging markets — and the massive headline of the day: the brand-new XRP ETF launches on the New York Stock Exchange. With its management fee waived for the first month, analysts say this could be a landmark moment for XRP’s long-term structure.

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