Cryptocurrency journalist Eleanor Terrett has shared her views on the ongoing controversy surrounding the XRP exchange-traded fund (ETF) and its impact on the regulatory classification of the coin. Terrett addressed speculation about whether the SEC would classify XRP as a commodity for ETF purposes and explained that the SEC has reviewed several similar products that classify assets as commodities within a security wrapper, such as Bitcoin and Ethereum. She noted that the SEC has paused litigation related to crypto classifications while considering these applications and speculated that the broader review of ETF applications could be an attempt to avoid accusations of favoritism. Terrett emphasized that the SEC's position remains unclear until further action is taken. She also mentioned that Grayscale has filed an application for a Cardano ETF, but the SEC has not yet considered it.



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