Bitwise’s spot XRP ETF may become the next launch as SEC moves to speed filings
Crypto Briefing
New SEC guidance may accelerate the review process, potentially leading to the swift launch of Bitwise's spot XRP ETF.Summary
Bitwise's spot XRP ETF application could launch soon following the debut of the Canary XRP ETF, due to new post-shutdown guidance from the SEC's Division of Corporation Finance. This updated regulatory guidance clarifies procedures allowing issuers to request acceleration for registration statements that were delayed by the backlog, effectively speeding up review timelines. Bitwise has proposed a competitive management fee of 0.34% for its XRP-based product.
(Source：Crypto Briefing)