According to Eleanor Terrett, the SEC has acknowledged Grayscale and NYSE's 19b-4 application to convert its XRP Trust into an ETF. This acknowledgment does not imply automatic approval or guarantee future approval by the SEC. However, it is notable for traders as it indicates a potential shift in regulatory stance that could eventually impact XRP market liquidity and investor interest (Source: Eleanor Terrett, Twitter).

According to Eleanor Terrett, the Republican leadership at the FDIC has disclosed 175 documents concerning its monitoring of banks involved in cryptocurrency activities, revealed prior to the BankingGOP debanking hearing. This release could impact trading strategies by providing insights into regulatory stances and potential banking constraints in the crypto sector.