SEC reviews Bitwise's XRP ETF filing, a potential milestone in offering regulated market access and enhancing XRP investment dynamics.

The symmetrical triangle lower boundary line could provide support to initiate a bounce for XRP to tackle the $2.72 resistance. A firm extended decline below the triangle's support could signal a breakdown that could send XRP toward the $1.96 level if the support at $2.17 fails.

The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.

Grayscale XRP ETF may soon be acknowledged by SEC, impacting crypto markets, amid ongoing legal battles over XRP's status.

The SEC has officially acknowledged Grayscale’s proposal to convert its XRP Trust into an exchange-traded fund (ETF), a major step in XRP’s regulatory journey. While this doesn’t guarantee approval, it shows there’s more and more recognition of XRP in traditional finance.

Ripple (XRP) and Dogecoin (DOGE) rallied Thursday after the U.S. Securities and Exchange Commission (SEC) acknowledged Grayscale’s filings to list spot exchange-traded funds (ETFs) for both cryptocurrencies.

The SEC has acknowledged 19b-4 filings by asset management titan Grayscale for both a spot XRP and Dogecoin ETF.

XRP outperformed Bitcoin and all other top cryptocurrencies by market cap Thursday night after the SEC acknowledged NYSE Arca's filing for Grayscale's $XRP ETF.