XRP News TODAY: GRAYSCAE joins the XRP-Spot ETF race; BTC decreases less than 105 thousand dollars

Excellent Analysis: How will the next SEC move the future XRP? Read more here.

Bitcoin offers new ETF approvals

While SEC is its next step in the case of Ripple, Bitcoin also benefited from ETF news. Bloomberg, analyst James Sevart James Sevart Declare SEC approves Bitcoin Bitcoin and Ethereum ETF on its deadline.

Bitcoin 2,350 million ETFIN has seen the total net flows since its launch on January 11, 2024. The multi -carb is enhanced by the BTC request.

The head of the ETF Nate Geraci store analyzed the ETF market in the United States, Sayingand

“This is what attracts the attention of the 40 billion dollar network to BTC boxes over the past year … They have published this funny number with one hand behind the back. The main wealth management companies are * now * started to open full access.”

The ETF market extends in the United States BTC-Spot

On January 30, the ETF market in the United States BTC-SPOT can extend the net flow chain to three sessions. According to Faris investors,

• Fidelity Wise Origin Bitcoin Fund (FBTC) Net flows of $ 209.1 million.
• Ark 21shares Bitcoin Etf (ARKB) And bitcoin etf (BitbHe witnessed net flows of $ 12.6 million and $ 23.0 million, respectively.

Except Blackrock (BLK(Ishares Bitcoin Trust)IbitThe ETF market in the United States BTC-Spot recorded $ 266.6 million in total net flow. The last flow trends supported BTC to the height of January 30 from 106333 dollars.

European Central Bank President Christine Lagarde Challenge Bitcoin as a strategic reserve asset

European Central Bank President Christine Lagarde has challenged speculation that other countries may follow the United States and agree to BTC as a strategic reserve asset. During the press conference of the Central Bank on January 30, the reserves mentioned in Lagarde should be liquid and safe, adding,

“I am sure that Bitcoin currencies will not enter into the reserves of any of the central banks of the General Council.”

Lagarde’s position with US President Trump and Senator Senteya Lomes contrasts. Senator Lomes, who heads the Senate Banking Services Committee, presented the Bitcoin Law in late 2024. The draft law suggests that the US government obtain a million BTC over a period of five years, with a mandatory period of 20 years.

However, slow progress towards the United States Bitcoin strategic reserves SBR continues to leave BTC less than a standard level of $ 109312 before decline. While BTC has increased by 61 % since Trump’s victory in the elections, it is less than $ 10,9312, with uncertainty about the SBR approval schedule.

Bitcoin price expectations

On Thursday, January 30, BTC advanced 0.86 %, after winning 2.27 % on Wednesday, and closed at 104,559 dollars.

BTC price trends depend on inflation data in the United States, instant ETF flows, and Capitol Hill encryption news.

• The most enlarged inflation numbers in the United States can raise the stakes to reduce interest rates, which may lead BTC beyond its record of $ 108231.
• High inflation, delay in the United States BTC-SPOT ETF, and delay in SBR USA PTC pulling about 95 thousand dollars.