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@ Layer3.news
2025-05-28 08:59:08
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XRP SPOT ETF IN THE U.S. MOVES CLOSER TO REALITY
https://cdn.sanity.io/images/s3y3vcno/production/489fbcdb82aa6e8d6f96e8034657472b913fecbd-4096x3072.jpg
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✍️ The US Securities and Exchange Commission (SEC) has initiated a review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would provide investors with exposure to XRP.
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👉 The SEC has initiated a review of the WisdomTree XRP Trust, a proposed spot ETF
👉 The ETF would track XRP's market price via the CME CF Ripple-Dollar Reference Rate
👉 The SEC has up to 240 days to approve or reject the filing
👉 The agency is soliciting public comments on the ETF's design and potential concerns related to market manipulation and investor protection
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#StuartAlderoty #technology
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