Analyst: XRP spot ETF may be more likely to receive approval from the SEC than other assets

ChainCatcher news, according to The Block, Kaiko analysts believe that the improvement in market dynamics and the launch of leveraged products last week have put XRP ahead of other assets in obtaining approval for a spot ETF from the U.S. Securities and Exchange Commission (SEC). May 22 is the next important date to watch, as the SEC must respond to Grayscale's spot XRP ETF application by that date.