Solana (sol) 
SEC Acknowledges WisdomTree’s XRP ETF Filing, Opens Public Comment Period
The Securities and Exchange Commission (SEC) has acknowledged WisdomTree’s application to list and trade exchange-traded fund (ETF) shares for an XRP trust, marking a significant development in the cryptocurrency space.
The acknowledgment initiates a 21-day public comment period, allowing the public to provide feedback on how the agency should approach WisdomTree’s application. This period provides an opportunity for stakeholders to weigh in on the potential listing of the XRP ETF.
Recent Developments in Crypto ETF Filings
Over the last few days, several prospective XRP ETF filings have joined the Federal Register, including those from Bitwise, CoinShares, and Grayscale. These filings demonstrate growing institutional interest in cryptocurrency ETFs and the potential for increased mainstream adoption.
The SEC’s recent actions, including the suspension of enforcement action against major crypto exchanges Binance and Coinbase, suggest a shift in the regulatory landscape. Under acting chair Mark Uyeda, the SEC has launched a dedicated Crypto Task Force to develop a new approach to digital asset oversight.
“The Crypto Task Force is led by crypto-friendly SEC commissioners, indicating a potential shift in the agency’s regulatory stance.”
What’s Next for XRP ETF Filings?
After collecting public feedback on XRP ETF filings, the SEC will decide whether to approve, reject, or delay a decision. The outcome of these applications will have significant implications for the cryptocurrency market and the growth of institutional investment in digital assets.
To stay up-to-date on the latest developments in the crypto space, follow Global Crypto News for the latest news and insights on cryptocurrency and blockchain technology.
