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Grayscale XRP ETF Faces SEC Review with October Deadline
- The SEC’s 240-day investigation of Grayscale’s XRP ETF is currently underway.
- The SEC has approved the Grayscale bid to reclassify its XRP Trust as an ETF based on a spot exchange-traded product.
- The approval was released with a 21-day comment period before further assessments by the SEC.
- The chances of an XRP ETF listing in 2025 have increased to 81%.
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