"US SEC Must Respond to Grayscale XRP Spot ETF Application by October 18"

Source
JH Kim

Summary

  • The U.S. Securities and Exchange Commission (SEC) must respond to the Grayscale XRP spot ETF application by October 18th.
  • Grayscale's XRP spot Exchange-Traded Fund (ETF) application has been officially published in the Federal Register.
  • This indicates that October will be a crucial time for XRP-related investment decisions.

Fox Business reporter Eleanor Terrett announced on X (formerly Twitter) on the 20th (local time) that "Grayscale's XRP spot Exchange-Traded Fund (ETF) application (19b-4) has been officially published in the Federal Register," adding that "this means the U.S. Securities and Exchange Commission (SEC) must respond to Grayscale's XRP spot ETF application by or before October 18th (local time)."

Previously, Grayscale submitted their XRP spot ETF application on the 14th.

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JH Kim

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