Notice 29 May 2025 regulation, securities, investment, etf, cryptocurrency, xrp, bitwise

🪙SEC Proceedings on Bitwise XRP ETF Approval Impacting Investments

The SEC has initiated proceedings to determine the approval of a proposed rule change for trading shares of the Bitwise XRP ETF on the Cboe BZX Exchange. This analysis follows a request for public comments on the proposal, which aims to track the performance of XRP through the Trust. The discussion focuses on legal and policy issues pertaining to the proposal.

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