The U.S. Securities and Exchange Commission (SEC) has acknowledged the filing of a spot XRP exchange-traded fund (ETF) by Bitwise, as well as filings by Grayscale and 21Shares. This is seen as a positive development for the cryptocurrency, as the SEC has been involved in a legal battle with Ripple. While these acknowledgments do not guarantee approval, the chances of an XRP ETF being approved in 2025 have risen to nearly 80% according to Polymarket.



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