<ul><li>The U.S. SEC has begun the first formal review of an application for a spot XRP ETF in the country.</li><li>The application is from WisdomTree to list and trade shares of the WisdomTree XRP ETF on the Cboe BZX Exchange.</li><li>SEC is assessing if the proposal meets investor protection and public interest criteria before potential approval.</li><li>Approval of a spot XRP ETF could lead to the introduction of similar products and be beneficial for the XRP community.</li></ul>

US SEC Commences First Formal Review of Spot XRP ETF

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