
The U.S. Securities and Exchange Commission (SEC) has acknowledged multiple filings for XRP exchange-traded funds (ETFs), including those from WisdomTree and Canary Capital. This brings the total number of XRP ETF applications recognized by the SEC to six within a week. Following these developments, XRP's price surged by 7.4%. Brazil has also approved the world's first spot XRP ETF, which is expected to bolster XRP's market position against Bitcoin and Ethereum. The SEC has a 240-day review period to decide on these ETF applications, with deadlines set for October 18 and 19. Additionally, the SEC has launched a Cyber and Emerging Technologies Unit to combat crypto fraud, and Grayscale's XRP ETF filing has been officially published in the Federal Register, initiating the review process for SEC approval by October 18.
🗞️ Today's Crypto Moves! 🔹 Franklin Templeton launches BTC-ETH hybrid ETF 🔹 Brazil debuts world's first spot XRP ETF 🔹 SEC approves Figure's yield-bearing stablecoin 🔹 New pro-innovation SEC crypto unit launches Catch all the details 👇 https://t.co/RJeC8j2o82 https://t.co/Nwtj6Z56XZ
XRP ETF DECISION DEADLINE LOCKED IN The SEC faces an October deadline to decide on Grayscale and 21Shares' XRP ETFs; official filings start a strict 240-day review period—ending October 18 and 19. XRP’s deep market roots could position it well against existing BTC and ETH ETFs;… https://t.co/RbGWcYltx9
BREAKING: SEC OFFICIALLY ADDS GRAYSCALE XRP ETF 19B-4 FILING TO THE FEDERAL REGISTER. Source: TheCryptoBasic https://t.co/NzTS1WJXrs










