The US Securities and Stock Exchange Committee admitted the BitWise XRP ETF spot earlier on Tuesday.
As U.Today mentioned, Bitwise initially submitted a request to launch the product again in early October, giving the symbol this a big boost.
Last week, the organizational agency also admitted the deposits of the XRP ETF presented by Grayscale and 21shares. This was explained as an important message, given that SEC has participated in an uncompromising legal battle with Ripple over the past few years.
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Although these confessions do not necessarily mean that ETF XRP will definitely be approved by SEC, they preach well with such a product.
The ETF possibilities that were approved in 2025 have now jumped to approximately 80 % on the famous betting site that focuses on Polymark.
Not everyone is happy with the increasing expectations of SEC in the end of the green product. As U.tode said, prominent investor Jasson Calakanis recently predicted that the approval of the XRP spot will lead to “chaos”, on the pretext that the distinctive symbol is central security.
