🔍 XRP ETF Under SEC Review — A Turning Point for Ripple?
The U.S. Securities and Exchange Commission (SEC) has officially begun evaluating the WisdomTree XRP ETF proposal — a move that could significantly shape the future of XRP in traditional finance.
📌 What’s Happening?
The Cboe BZX Exchange has filed to list and trade shares of the WisdomTree XRP Fund. The SEC, under Section 19(b)(2)(B) of the Exchange Act, has now initiated a detailed review of this application.
💡 What the XRP ETF Brings to the Table:
The proposed fund aims to:
Track XRP's spot price using the CME CF Ripple-Dollar Reference Rate (NY Variant)
Hold only XRP, cash, and cash equivalents
Allow investors to gain exposure to XRP without managing private wallets or keys
🔒 SEC’s Key Concerns:
The SEC’s review will focus on:
Compliance with Section 6 of the 1934 Securities Exchange Act
Adequate protection against fraud and manipulation
Alignment with investor protection and public interest
📢 Public Feedback Invited:
The SEC is also calling for public comments — giving investors and the crypto community a chance to weigh in on whether this ETF structure is secure and regulatory-compliant.
🚨 Why This Is a Big Deal:
This review comes during Ripple’s ongoing legal battle with the SEC. If approved, the ETF would be one of the first spot XRP ETFs in the U.S., potentially:
Boosting mainstream adoption
Validating XRP’s legitimacy
Opening access via traditional brokerage platforms
🧠 Final Thoughts:
While the SEC hasn’t made a final decision, this moment could be a historic pivot for XRP’s future in regulated markets. Stay tuned — this could change everything for Ripple.
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