<ul><li>Bitwise has filed for the first spot XRP ETF with the US SEC, providing investors exposure to XRP’s value, minus operational costs and liabilities.</li><li>The filing follows a previous XRP ETF Trust filing in Delaware on October 2.</li><li>Market observers are uncertain if a futures market is needed for approval, but SEC Commissioner Hester Peirce suggests spot markets can exist without futures.</li><li>XRP's price has declined by -9.95% in the last 24 hours, possibly influenced by the recent SEC appeal.</li></ul>

Bitwise Files Official Application for XRP ETF, SEC Commissioner Weighs in on Chances for Approval

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