#XRPETF

Bitwise Asset Management has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), aiming to provide investors with regulated exposure to XRP, the digital asset used for cross-border payments on the XRP Ledger. The SEC has acknowledged the filing, initiating a formal review process that can last up to 240 days. This move follows the approval of spot Bitcoin and Ethereum ETFs, signaling a potential shift in regulatory stance under the current administration. Analysts suggest that XRP ETFs could attract significant investor interest, with projections of substantial inflows upon approval.