XRP Spikes 5% After SEC’s ETF Acknowledgment Sends ‘Enormous Message’

The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for... source: https://www.newsbtc.com/xrp-news/xrp-sec-etf-acknowledgment-enormous-message/