The Motley Fool

NOVEMBER 3, 2024

XRP can't be staked (locked up to earn rewards) like Ethereum 's (CRYPTO: ETH) Ether and other proof of stake ( PoS ) cryptocurrencies. Second, Grayscale recently relaunched its XRP Trust as a closed-end fund ( CEF ) for accredited investors in response to Ripple's partial victory.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Accredited Investors Exchange-Traded Funds Legal 245

The Motley Fool

OCTOBER 19, 2024

Those qualities make Bitcoin more similar to a precious metal than other cryptocurrencies which are validated (but not mined) with the more power-efficient proof of stake ( PoS ) consensus mechanism. Securities and Exchange Commission (SEC) officially recognizes as a commodity instead of a security.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Accredited Investors Exchange-Traded Funds Stakes 130

The Motley Fool

MARCH 6, 2025

XRP can't be mined anymore, and Ripple's blockchain can't be used to develop decentralized applications in the same way as proof-of-stake blockchains like Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL). It periodically releases some of those tokens to stabilize its liquidity and supply.

Accredited Investors 230

Accredited Investors Exchange-Traded Funds Asset Management Stakes 230