Hold onto your wallets, folks! The U.S. Securities and Exchange Commission (SEC) has finally acknowledged Bitwise’s spot XRP ETF filing. Yes, you heard that right! It’s like they finally decided to check their email after ignoring it for weeks. 📧
According to U.Today (which sounds like a motivational poster for crypto enthusiasts), Bitwise first threw their hat in the ring back in early October. And guess what? The token got a major boost! It’s like giving a toddler a cookie and watching them bounce off the walls. 🍪
But wait, there’s more! Last week, the SEC also gave a nod to XRP ETF filings from Grayscale and 21Shares. This is huge, people! It’s like the SEC is finally acknowledging Ripple after years of legal drama. I mean, who doesn’t love a good courtroom showdown? 🎭
Now, before you start planning your XRP-themed party (complete with confetti and party hats), let’s not get too carried away. These acknowledgments don’t mean the SEC is rolling out the red carpet for an XRP ETF just yet. But hey, it’s a step in the right direction! 🚶♂️
In fact, the odds of an ETF getting the green light in 2025 have skyrocketed to nearly 80% on Polymarket. That’s right, folks! It’s like betting on your favorite horse, except this horse is made of digital currency and has a questionable past. 🐎💰
Of course, not everyone is throwing confetti. Prominent angel investor Jason Calacanis is out here predicting that the approval of a spot XRP would lead to “chaos.” He claims the token is a “centralized” security. So, basically, he’s the party pooper at this crypto fiesta. 🎉🚫
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2025-02-18 21:33