Exciting News: SEC Acknowledges Bitwise’s XRP ETF Filing

In a rapid turn of events, the SEC has given a nod to yet another XRP ETF filing, this time from Bitwise. This development comes hot on the heels of multiple filings by Cboe BZX Exchange, signaling growing interest in XRP-based ETFs.

Despite previous filings receiving recognition, the price of XRP has seen minimal movement. Nevertheless, the swift acknowledgment by the SEC provides optimism for potential approval in the near future.

Recent Weeks Mark Positive Strides for XRP ETFs

Enthusiasts of XRP ETFs have reason to celebrate as the SEC shows a more favorable stance towards cryptocurrencies. With targeted actions towards Ripple and indications of settling the ongoing lawsuit, the regulatory environment appears more welcoming.

Today's acknowledgment of the filing by Cboe to list the 21Shares Core XRP Trust underscores the growing momentum. This is a significant step towards realizing the long-awaited XRP ETF, a prospect that has excited the crypto community.

Anticipation Builds for XRP ETF Approval

While an XRP ETF approval seemed unlikely in the past, current sentiments reflect growing optimism. Despite challenges, including the Ripple-SEC lawsuit, there is a growing belief within the community that regulatory approval could materialize this year.

The recent SEC acknowledgments of XRP ETF filings, including Bitwise's, signify a notable shift towards progress. The speed of these developments suggests a more proactive approach by the SEC, potentially paving the way for further positive news in the near future.

As the crypto landscape evolves, the excitement surrounding XRP ETFs continues to build, highlighting a potential turning point in the regulatory journey of digital assets. Stay tuned for more updates on this evolving saga.