Fox Reporter: The US SEC may acknowledge Grayscale's XRP spot ETF application as early as February 13th
Fox Business News reporter Eleanor Terrett posted on the X platform, stating that according to this very useful chart provided by Bloomberg ETF analysts James Seyffart and Eric Balchunas, we can see that if the U.S. Securities and Exchange Commission (SEC) indeed chooses to recognize/approve, it could potentially approve Grayscale's application for an XRP spot ETF as early as Thursday (February 13). The US SEC usually has about 15 days to approve a 19b-4 application, and Grayscale submitted its conversion application on January 30. Regardless, this should give us a good understanding of the current view of the U.S. Securities and Exchange Commission on XRP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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