BlackRock’s XRP ETF Application: A Game Changer for SEC Approval Process?
Crypto market analysts point to the recent filing of a spot XRP ETF by BlackRock, the world’s largest asset manager, as a potentially transformative event. This development could expedite the approval process that has been under intense scrutiny from the U.S. Securities and Exchange Commission (SEC). The XRP community awaits the outcomes closely, particularly following the SEC’s recent delays on ETF filing for Ripple’s cryptocurrency from both Canary Capital and Grayscale. The anticipation surrounding BlackRock’s involvement adds an intriguing layer to the ongoing discussions about cryptocurrency regulations and market acceptance.