Prominent asset managers Bitwise, Canary Capital, 21Shares, and WisdomTree have submitted 19b-4 filings to the SEC through the Cboe BZX Exchange, in an effort to introduce XRP-focused Exchange-Traded Funds (ETFs) to the market. These filings are a request to the SEC to permit the listing of these ETFs on the Cboe BZX Exchange, starting a 240-day review period. The surge in ETF applications coincides with a more favorable regulatory climate in the US, influenced by recent political shifts. The SEC's decision on XRP ETF applications may occur by mid-2025, depending on the resolution of ongoing legal proceedings involving Ripple Labs. XRP is currently trading at approximately $2.35, reflecting growing interest in XRP-focused investment products and regulatory developments.



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