PANews reported on November 4th that, according to The Block, Bitwise plans to charge a 0.34% fee for its Bitwise XRP ETF , while Grayscale will charge 0.35% for its XRP and Dogecoin ETFs. Both companies previously launched an SOL spot ETF, with Bitwise attracting approximately $56 million on its first day. Amid the US government shutdown and SEC staffing constraints, institutions can automatically list their products after 20 days by submitting an S-1 form without a "delaying amendment" and meeting listing standards. This means that some crypto ETFs may be able to list without prior SEC approval. NovaDius stated that the first XRP spot ETF may appear within two weeks.

Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more

