The U.S. SEC has recognized multiple XRP ETF filings, leading to speculation that XRP is now considered a commodity. However, a FOX Business Journalist has offered a dissenting view, stating that the recognition does not necessarily mean XRP is classified as a commodity. The SEC may be acknowledging all crypto ETF filings to avoid favoritism. The regulatory status of XRP remains uncertain due to the ongoing SEC v. Ripple lawsuit. Some experts believe the lawsuit may hinder the approval of XRP ETFs unless a resolution is reached. The SEC is working to provide regulatory clarity through its Crypto Task Force.
Content Editor ( thecryptobasic.com )
- 2025-02-17
Speculation That SEC Now Recognizes XRP as a Commodity: Here’s What Experts Say
