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BTC $78,145.03 +0.56%
ETH $2,458.65 +0.91%
BNB $692.26 +0.39%
XRP $1.39 +0.23%
SOL $105.11 +1.53%
TRX $0.3405 +0.58%
DOGE $0.0849 +0.43%
ADA $0.2016 +0.61%
BCH $245.86 +0.55%
LINK $11.38 +0.33%
HYPE $83.45 +2.46%
AAVE $124.96 +2.49%
SUI $0.7403 +0.38%
XLM $0.1794 +1.05%
ZEC $840.76 +4.13%

Fox reporter: The U.S. SEC may acknowledge Grayscale's spot XRP ETF application as early as February 13

2025-02-12 21:41:39

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that, according to a very useful table provided by Bloomberg ETF analysts James Seyffart and Eric Balchunas, we can see that if the U.S. Securities and Exchange Commission (SEC) indeed chooses to acknowledge/approve it, it might recognize Grayscale's submitted XRP spot ETF application as early as Thursday (February 13).

The SEC typically has about 15 days to approve a 19b-4 application, and Grayscale submitted its conversion application on January 30. In any case, this should give us a good understanding of the current perspective of the SEC on XRP.

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