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US SEC Acknowledges Bitwise Spot XRP ETF; XRP $5 Soon? 

  • The US Securities and Exchange Commission (SEC) has acknowledged Bitwise's XRP exchange-traded fund (ETF) filing for review.
  • This marks the third XRP filing acknowledged by the SEC, with filings for Grayscale and 21Shares also in progress.
  • The SEC has requested public comments within 21 days before making a decision on the XRP ETFs.
  • XRP's price is currently at $2.53 with the potential to rise to $5.00 if it breaks above its trading channel.

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