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Just In: SEC Acknowledges Bitwises XRP ETF Filing

Just In: SEC Acknowledges Bitwises XRP ETF Filing

The post Just In: SEC Acknowledges Bitwises XRP ETF Filing appeared first on Coinpedia Fintech News

In a latest update, the U.S. Securities and Exchange Commission (SEC) has acknowledged Bitwises XRP exchange-traded fund (ETF). The crypto community is celebrating the move, viewing it as a positive signal for XRPs price.

The SEC has invited comments on the proposal, with a deadline 21 days after it is published in the Federal Register. After this period, the agency will decide whether to approve, disapprove, or initiate proceedings.

The SEC has previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, but has yet to address the filings from Canary Capital and WisdomTree, leaving the crypto community eagerly awaiting their decision.

The XRP community is excited over the develoment, hoping it could lead to a price boost. Despite a current downturn, experts are still optimistic about XRPs future growth.

Read more: https://coinpedia.org/news/just-in-sec-acknowledges-bitwises-xrp-etf-filing/

Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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