SEC Begins Review of Grayscale's Spot XRP ETF Proposal. The Securities and Exchange Commission has officially acknowledged Grayscale's application for what would be the first-ever

It is the lowest prediction of the four filings reviewed by the Bloomberg ETF analysts. Litecoin (LTC) led with approval odds of 90%, followed by Dogecoin (DOGE) at 75%, and in third place, Solana (SOL) at 70%.

Grayscale XRP ETF may soon be acknowledged by SEC, impacting crypto markets, amid ongoing legal battles over XRP's status.

The SEC is reviewing multiple XRP ETF proposals from major asset managers, including Bitwise, Grayscale, and 21Shares, as part of a broader expansion of crypto investment products following the successful launch of Bitcoin and Ethereum ETFs.

According to new reports, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application for a Bitwise spot XRP Exchange-Traded Fund (ETF). According to earlier reports,

XRP saw a slight bump early Thursday as token holders anticipate the SEC will acknowledge Grayscale's application for an $XRP ETF.

The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.

XRP was giving up some of its recent gains on Monday, but the cryptocurrency has still gotten a sizable boost from speculation that the Securities and Exchange Commission could approve an exchange-traded fund tracking its price.