The Federal Reserve has reduced interest rates by 25 basis points, marking the first cut since December. This move comes amid ongoing economic adjustments and is expected to influence market dynamics. In a significant development for the cryptocurrency market, the first U.S. XRP ETF is set to launch on September 18. Additionally, the Chicago Mercantile Exchange (CME) plans to list options for this ETF on October 13, expanding trading opportunities for investors. The SEC has eased restrictions on spot ETF listings, approving Grayscale's Large Cap Crypto Fund. This decision is anticipated to enhance accessibility and investment in the crypto sector.