A surge in excitement is sweeping the XRP community today, fuelled by anticipation for a potential groundbreaking regulatory development. With market sentiment increasingly bullish, experts anticipate a key milestone that could usher in significant institutional investment for XRP. The catalyst for this optimism lies in Grayscale’s pending Spot #XRP ETF application to the SEC. 2023’s federal court ruling declaring XRP as not being a security has cleared the path for its potential inclusion in ETFs, with the precedent set by other digital asset managers like Grayscale. With their successful Bitcoin Trust (GBTC) transition into a regulated ETF earlier this year, they are well-positioned to achieve the same success with XRP.