The U.S. Securities and Exchange Commission (SEC) has acknowledged a pivotal filing for a spot XRP ETF from Cboe BZX Exchange on behalf of Canary Capital. This crucial step marks a significant moment in the evolving crypto ETF landscape. The recognition initiates the SEC’s formal review process, paving the way for potential regulatory approval. Investors and market participants eagerly watch this development, as approval could lead to broader adoption of XRP in the financial markets. The implications for cryptocurrency trading and investment strategies could be substantial, signaling increased institutional interest.