SEC Opens Public Comment Period for WisdomTree’s XRP Spot ETF

The U.S. Securities and Exchange Commission (SEC) has initiated a public comment period on WisdomTree’s proposed XRP Spot ETF, paving the way for a potential groundbreaking approval. This move follows the SEC’s review of the application under Section 19(b)(2)(B) of the Securities Exchange Act of 1934. The decision to proceed represents a significant step towards establishing clearer regulatory guidelines for XRP investment products.