#XRPETFIncoming? Exciting news for XRP enthusiasts! It looks like an XRP ETF might be incoming. The New York Stock Exchange (NYSE) Arca has submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) to convert Grayscale's XRP Trust into a spot XRP ETF .

This development could be a game-changer for XRP, potentially leading to a 27% rally in the coming days. Several asset managers, including Bitwise, Canary Capital, 21Shares, WisdomTree, and CoinShares, have already filed for XRP ETFs with the SEC .

Grayscale's XRP Trust is currently available as a private placement, but the company aims to make it more accessible to investors by converting it into an ETF. This move would provide investors with a regulated way to invest in XRP .

Keep in mind that the SEC's approval is still pending, but if granted, it could mark a significant milestone for XRP and the cryptocurrency market as a whole.