SEC Acknowledges Bitwise XRP ETF Filing—Approval Within Reach? 📈
The Securities and Exchange Commission (SEC) has formally acknowledged a filing from Bitwise for a spot XRP Exchange-Traded Fund (ETF). This significant step marks the initiation of the regulatory review process, which could extend up to 90 days.
Filed by Cboe BZX Exchange on February 6, 2025, the application aims to list the Bitwise XRP ETF. The acknowledgment by the SEC is critical as it brings the proposal closer to approval or rejection.
Source: www.thecoinrepublic.com ↗
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