SEC Acknowledges Bitwise’s Spot XRP ETF Filing Adding to a Crowded List

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Decrypt 2d ago

SEC Acknowledges Bitwise’s Spot XRP ETF Filing Adding to a Crowded List - Decrypt

Quick Summary:

SEC's approval of Bitwise XRP ETF will depend on public feedback and the filing’s compliance with its investor protection standards.

Once published in the Federal Register, the SEC will allow a 21-day comment period on the filing before deciding to approve, deny, or pursue further action, with a final decision expected in up to 240 days.

Following the successful launch of Bitcoin and Ethereum ETFs, chatter about ETFs for other digital assets, including Litecoin, XRP, and Solana, has skyrocketed.