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%.

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.

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

The SEC acknowledged Grayscale's filing to convert its XRP Trust to an ETF. XRP ETFs could be approved considering the new SEC administration's regulatory reforms. XRP could rally to $3.15 if it validates a rounded bottom pattern and its technical indicators flip to bullish momentum.

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

XRP is down 19% over the past month despite hopes for the launch of an exchange-traded fund tracking the cryptocurrency.

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,