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US SEC accepts Bitwise XRP Spot ETF application

Source
JH Kim
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  • The US SEC has officially accepted Bitwise's XRP Spot ETF application.
  • This is expected to increase interest in the XRP market.
  • However, the current XRP price is reported to be declining on the Binance Tether market.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to the cryptocurrency news X (formerly Twitter) account SolidIntel (@solidintel_x) on the 18th (local time), the US Securities and Exchange Commission (SEC) has officially accepted the XRP spot Exchange-Traded Fund (ETF) application submitted by Bitwise.

Meanwhile, as of 06:08 on the 19th, XRP is trading at $2.5287 on the Binance Tether (USDT) market, down 5.23% from the previous day.

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reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.