Bitwise files for XRP ETF
Bitwise’s hopes of getting its XRP ETF bid approved may be dependent on the SEC's reaction to a recent Ripple ruling.
The U.S. Securities and Exchange Commission (SEC) may be preparing for an appeal in the well-known case against Ripple.
The SEC's potential appeal in the Ripple case could impact the approval of an XRP ETF, affecting investor interest.
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In the past 24 hours, XRP has dropped around 4%. The possible reasons for the short-term weakness arise from two factors.
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