Just In: SEC Acknowledges Bitwise’s XRP ETF Filing
Posts Just: SEC acknowledges Bitwise’s XRP ETF archive Appear first Coinpedia Fintech News
In the latest update, the U.S. Securities and Exchange Commission (SEC) has recognized BITWISE’s XRP Exchange Trading Fund (ETF). The crypto community is celebrating the move, viewing it as a positive signal of XRP prices.
SEC has Being invited Comments on the proposal, a deadline after 21 days of publication in the Federal Register. After this period, the agency will decide whether to approve, object or initiate a lawsuit.
The SEC has previously acknowledged the Spot XRP ETF files of 21shares and Grayscale, but has not yet resolved the files of Canary Capital and WisdomTree, leaving the cryptocurrency community anxiously awaiting their decision.
The XRP community is excited about DeveloMent and hopes it can increase the price. Despite the current economic downturn, experts remain optimistic about the future growth of XRP.