The post Brazil Leads The First XRP ETF, Meanwhile Yeti Ouro Continues To Dominate P2E Market appeared first on Coinpedia Fintech News
XRP experienced a notable surge after the SEC acknowledged its ETF application, filed by Grayscale and 21Shares, resulting in a 14% gain over the week. The SEC’s appeal in the Ripple lawsuit is still ongoing and retail investors are getting nervous despite the ETF progress.
Meanwhile, Yeti Ouro (YETIO) – the hot new utility meme coin – is getting all the attention. Its Play-to-Earn (P2E) racing game Yeti Go and solid tokenomics have given early investors 100% returns during the presale and are becoming more attractive by the day to new investors.
XRP ETF Launch In Brazil Fuels Rally Towards $2.70
Brazil’s CVM has approved the Hashdex Nasdaq XRP Index Fund, the world’s first spot XRP ETF. This will trade on Brazil’s B3 exchange, as the country is growing in the global crypto market.
This triggered an immediate price surge for XRP. On Feb 19, 2025, XRP price went up to $2.72, just shy of its all-time high. Since then it’s cooled down and is trading at $2.68 after a few days of sideways trading.
Brazil is moving as the US SEC is still deliberating on multiple spot XRP ETF applications from asset managers like Grayscale, 21Shares, and CoinShares. The SEC has acknowledged the applications but uncertainty remains as they navigate leadership changes and the Ripple lawsuit.
SEC vs Ripple: A Legal Battle With Market Implications
The SEC has had a lot of leadership changes. After Gary Gensler left, Mark Uyeda and Hester Pierce took key roles, both are pro-crypto. This is giving hope to XRP investors but regulatory ambiguity remains.
The SEC and Binance filed a joint motion for a 60-day stay pending Paul Atkin’s appointment as SEC Chair. Although the XRP ETF has been approved, the SEC has up to 240 days to make a final decision, extending the market uncertainty.
Ripple transferred $1 billion worth of XRP to an anonymous wallet, causing a ripple effect among holders. Technically, XRP hovers near the Bollinger band’s midline at $2.6452, indicating moderate volatility.
XRP/USD daily chart.Source: TradingView
The MACD and RSI indicators show bearish trends, with the RSI at 43.18. To shift to bullish territory, XRP must surpass resistance levels at $2.6538 and challenge its all-time high of $3.5505.
Yeti Ouro (YETIO) Captures Market Enthusiasm With P2E Innovation
While XRP navigates regulatory hurdles, Yeti Ouro (YETIO) is winning over investors with its solid roadmap and thriving Play-to-Earn (P2E) ecosystem. Built on the Ethereum blockchain and audited by SOLIDProof, Yeti Ouro is changing the meme coin game with real use cases.
Yeti Ouro just closed its Stage 2 presale, selling around 200 million $YETIO tokens. Now in Stage 3, the token is $0.024, 100% ROI for early investors, with projections of even more gains when the coin launches.
Notably, Yeti Ouro deployed strategic bonus incentives, including a 10% bonus on all purchases. With 50% of the 1 billion token supply allocated to presale and 5% reserved for token burns, the project is creating scarcity-driven demand.
Yeti Go: The Game Behind Yeti Ouro’s Success
Yeti Ouro’s market momentum is driven by its flagship game, Yeti Go—a high-octane Play-to-Earn racing game built on Unreal Engine 5. Players can earn Yeti Ouro tokens by racing, staking, and in-game trading, so it’s more than just a game—it’s a way to earn.
The game features destructible tracks and adaptive AI, so the racing is real. Developed by industry vets behind Call of Duty, Spider-Man, Dead Space and The Witcher, Yeti Go also has an immersive audio experience crafted by artists who have worked with renowned artists such as Major Lazer, Vybz Kartel, and Kabaka Pyramid.
Players can maximize their earnings by staking YETIO tokens in liquidity pools. The team have just released a demo for an unreleased level which shows off the graphics and terrain and the gaming community is loving it.
With a hard-capped 1 billion token supply and deflationary model, the final presale stages are getting big attention. The presale allocation is carefully designed, 50% to the community, 15% to P2E rewards, and 15% to ecosystem development, so Yeti Ouro is a solid investment with growth and real use cases.
Join the Yeti Ouro Community
- Website: https://yetiouro.io/
- X (Twitter): https://x.com/yetiouro
- Telegram: https://t.me/yetiouroofficial
- Discord: https://discord.gg/YtUsEZ2ZrV
