SEC goes on a spot XRP ETF acknowledgment spree The recent bullish activity around XRP can be associated with its ETF news, with the SEC acknowledging another spot ETF filing submitted by CoinShares via Nasdaq.

The SEC has recently acknowledged Grayscale’s filing for an XRP ETF, a crucial step toward potential approval. This starts a review period, after which the SEC will decide on the ETF. While this has sparked optimism,

The SEC reviews CoinShares XRP ETF application as a 21-day comment period begins amid rising XRP ETF approval prospects.

The US SEC acknowledged three XRP ETF applications in five days, with analysts estimating a 65% approval chance.

The SEC is reviewing multiple XRP ETF proposals from major asset managers, including Bitwise, Grayscale, and 21Shares, as part of a broader expansion of crypto investment products following the successful launch of Bitcoin and Ethereum ETFs.

XRP was among the top performers in the top ten market cap rankings of cryptocurrencies on Wednesday, surging by more than 7% before Wednesday’s close. The price uptick follows growing optimism over multiple XRP exchange-traded fund (ETF) filings in the United States and Brazil’s regulatory approval of what could become the world’s first spot XRP

The US Securities and Exchange Commission (SEC) is soliciting public input on a proposal for an exchange-traded fund (ETF) tied to XRP. In a filing posted on Wednesday, the SEC acknowledged a proposal from Cboe BZX Exchange,