ChainCatcher news, according to official documents, the U.S. Securities and Exchange Commission (SEC) announced that the "public comment" phase for the WisdomTree XRP spot ETF has ended, and it will "initiate further review procedures," without directly approving or rejecting it.On February 19, 2025, the SEC officially accepted WisdomTree's XRP ETF application and initiated the public comment period, which has now concluded. The SEC has the authority to extend the review period by up to 240 days, with the final decision to be announced no later than the end of October 2025.

ChainCatcher news, according to official documents, the SEC has postponed the approval of Franklin's XRP spot ETF to June 17.

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.

ChainCatcher news, The ETF Store president Nate Geraci stated on social media, "I predict that BlackRock will apply for spot ETFs for SOL and XRP. The SOL application could be submitted at any time, while the XRP application is expected to occur after the SEC lawsuit concludes."

ChainCatcher news, the Brazilian Securities Commission (CVM) has approved Hashdex to launch the world's first XRP-based spot ETF------HASHDEX NASDAQ XRP INDEX FUND.Currently, the ETF is in the pre-operational phase, managed by Genial Investimentos, and the official listing date has not yet been announced.

ChainCatcher news, according to Portal do Bitcoin, Hashdex has received approval from the Brazilian Securities Commission to launch an XRP spot ETF in Brazil. The specific date for the product's listing on the Brazilian Stock Exchange B3 has not yet been determined.

ChainCatcher news, the Cboe BZX Exchange has submitted a 19b-4 filing on behalf of Bitwise, 21Shares, WisdomTree, and Canary Capital to list and trade a spot exchange-traded product tracking XRP (the fourth largest cryptocurrency by market capitalization).The 19b-4 application is the second part of a two-step process for submitting cryptocurrency ETF applications to the U.S. Securities and Exchange Commission. Once approved by the SEC, the application will be published in the Federal Register, thereby initiating the agency's approval process.Bitwise first submitted the registration for a spot XRP ETF in October, while 21Shares submitted the S-1 registration statement for the XRP ETF to the SEC in November.

ChainCatcher news, according to The Block, cryptocurrency investment firm Canary Capital has submitted a registration application for a spot XRP exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), becoming the second company to apply for such a product this month.Canary Capital founder Steven McClurg stated that as the demand for blockchain solutions grows, the company sees a more progressive regulatory environment. The ETF will provide investors with the opportunity to access the XRP market through traditional brokerage accounts, avoiding the potential risks of directly holding XRP. The custodian for the ETF has not yet been determined.

ChainCatcher news, according to FOX Business, ETF issuer Bitwise has submitted an S-1 application for an XRP spot ETF to the SEC.

ChainCatcher message, The ETF Store President Nate Geraci stated on X: "Setting aside political factors, it is hard to imagine any new spot cryptocurrency ETFs being launched under the current government administration. Given the current situation, there are no signs that Solana or XRP spot ETFs are likely to be launched in the next year or two. Whether this is good or bad may depend on the elections in November."

ChainCatcher news, Ripple Labs CEO Brad Garlinghouse discussed the future prospects of the XRP spot ETF during an interview with Fox Business Channel on Tuesday. He stated that the approval of the Ethereum spot ETF has opened the door for the launch of other crypto asset ETFs like XRP.The U.S. Securities and Exchange Commission (SEC) will fail in its battle against cryptocurrency. People do not want to invest in just one commodity; more commodities should be added to the market to provide investors with more trading options. The launch of the XRP ETF is inevitable, and the XRP spot ETF may be listed in 2025.Garlinghouse previously stated that after Bitcoin and Ethereum, XRP, SOL, and ADA could be the next crypto spot ETFs to be approved.

ChainCatcher news, according to Investing.com, due to ongoing regulatory uncertainty and ambiguity regarding the legal status of the cryptocurrency XRP, asset management company BlackRock has decided to suspend its plans to launch an XRP-based ETF.Previously, BlackRock CEO Larry Fink had made comments suggesting the company's interest in XRP.