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Fox Business reporter: The US SEC may approve Grayscale's spot XRP ETF application as early as February 13

2025-02-12 13:27

Odaily News Fox Business reporter Eleanor Terrett posted on the X platform that according to this very useful table provided by Bloomberg ETF analysts James Seyffart and Eric Balchunas, we can see that if the U.S. Securities and Exchange Commission (SEC) does choose to recognize/recognize, it may recognize Grayscale's XRP spot ETF application as early as Thursday (February 13). The U.S. SEC usually has about 15 days to recognize a 19b-4 application, and Grayscale submitted the conversion application on January 30. In any case, this should give us a good idea of the current SEC's views on XRP.