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Posted: February 20, 2025
- SEC signed off Bitwise XRP ($2.70) ETF’s 19b-4 filing.
- Analysts speculate that the SEC could drop Ripple charges.
The U.S. SEC (Securities and Exchange Commission) has acknowledged Bitwise’s spot XRP ETF 19b-4 filing. This was the third filing signed off by the regulator after the Grayscale and 21Shares applications.
At the time of writing, only Canary Funds and Wisdom Tree submissions were yet to be greenlighted by the agency. However, the move by the new SEC has been viewed as positive for Ripple and its ongoing lawsuit.
Will SEC rescind Ripple’s lawsuit?
In a recent podcast, Bloomberg ETF analyst Eric Balchunas, quoting Scott Johnson, st…
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