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BTC $78,656.96 -0.29%
ETH $2,489.17 +0.17%
BNB $749.28 +0.83%
XRP $1.42 +1.60%
SOL $103.30 +0.03%
TRX $0.3391 +1.23%
DOGE $0.0896 -0.44%
ADA $0.2167 -0.80%
BCH $257.95 -0.21%
LINK $12.40 -2.05%
HYPE $85.21 +1.39%
AAVE $128.27 -2.09%
SUI $0.8067 -1.99%
XLM $0.1870 -1.24%
ZEC $1,187.22 +4.70%

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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