The SEC has initiated an investigation into WisdomTree's proposed XRP Spot ETF and is now seeking public comments.
📢 In simple English:
*"The SEC has started checking WisdomTree's XRP ETF plan and is asking for people's opinions!"*
💡 Understand easily:
- ETF = a type of fund that will track XRP prices.
- Spot ETF = a fund that directly holds XRP (not futures/derivatives).
- Public comments = ordinary people and experts can give their opinions (this also matters in approval).
If this ETF is approved, even more investment could flow into XRP! 🚀