$XRP ETF getting closer?
Grayscale, Bitwise, CoinShares, Franklin, 21Shares, WisdomTree, and Canary have simultaneously submitted updated S-1 forms for spot ETFs on XRP.
Now the structures include flexibility: the inclusion of XRP or cash and redemption either in cash or in kind.
Bloomberg analyst James Seyffart noted: the changes are "almost certainly related to SEC comments" — and this is a good, but expected sign.
🔥 It seems the ice has broken. XRP is becoming a hot topic for Wall Street again.
What do you think, when will the SEC nod — by the end of the year or will they keep feeding us with delays? 👀
