Ripple’s XRP ETF nears breakthrough: SEC acknowledges new Bitwise filing 📈
The journey towards a Ripple XRP ETF is taking significant strides forward with the United States Securities and Exchange Commission (SEC) acknowledging a new filing from Bitwise. This acknowledgment may mark a pivotal moment in the ongoing legal and regulatory scrutiny surrounding Ripple and its XRP token. As various issuers continue to push for an XRP ETF, questions arise about the potential impact on Ripple's existing legal battles, particularly the lawsuit brought forth by the SEC against the company. The advancement of XRP ETF applications could potentially reshape the landscape of regulatory actions against Ripple, prompting speculation on whether the SEC may reconsider its stance and rescind the lawsuit.
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