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The SEC reviews the proposal of Franklin's XRP ETF in a key step towards possible approval



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3 days agoAI Translator

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The SEC's review of the Franklin XRP ETF comes amid growing institutional confidence in XRP, highlighting its evolving maturity in the market and the accelerated push towards cryptocurrency-backed ETFs.

The SEC Reviews the Proposal of the Franklin XRP ETF as Confidence in the XRP Market Structure Grows

The U.S. Securities and Exchange Commission (SEC) announced on June 17 that it has initiated proceedings to evaluate a proposed rule change by Cboe BZX Exchange Inc. regarding the listing and trading of an exchange-traded fund (ETF) called the Franklin XRP ETF.

It depends a lot on this. If it is not approved #xrp it could face a setback.