XRP ETF in the Spotlight—Grayscale Awaits SEC Decision
The SEC has officially begun reviewing Grayscale’s XRP ETF proposal after its publication in the Federal Register on Feb. 20, 2025.
This triggers the regulatory countdown, with a final decision due by Oct. 18, though approvals or extensions could come earlier. The ETF, filed by NYSE Arca, would allow XRP trading on a regulated exchange, enhancing market accessibility.
With a shift toward a more crypto-friendly SEC leadership and recent approvals of Bitcoin and Ethereum ETFs, optimism is growing for a favorable outcome. The decision could set a precedent for future crypto investment products.
Clever Robot News Desk 24th February 2025
