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Grayscale XRP ETF Proposal: What It Means for XRP Future

  • Grayscale has submitted a proposal to the SEC to convert its XRP Trust into an exchange-traded fund (ETF).
  • The SEC is set to review Grayscale's proposal, with a potential acknowledgment coming as early as February 14, 2025.
  • The possibility of an XRP ETF has sparked renewed optimism among investors and led to a surge in trading volumes on XRP-native applications.
  • If the SEC approves Grayscale's proposal, XRP price could experience a significant surge, similar to Bitcoin's rally following ETF approvals.

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