The SEC announced that the WisdomTree XRP Spot ETF has entered "further review procedures."

GateUser-6433627c · 2025-05-27T15:56:07+00:00

The U.S. SEC announced the end of the public comment period for the WisdomTree XRP Spot ETF and has initiated further review procedures, but has not yet made a final decision. The SEC is expected to announce the review results by the end of October 2025, with the possibility of extending the review period by up to 240 days.

GateUser-6433627c

2025-05-27 15:56:07

Abstract generation in progress

On May 27, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) announced that the “public comment” phase of the WisdomTree XRP Spot ETF had ended, and that it had “initiated a further review process” and had not yet directly approved or rejected it. On February 19, 2025, the SEC formally accepted WisdomTree’s XRP ETF application and launched a public comment period, which has now ended. The SEC has the authority to extend the review period to a maximum of 240 days, with a final decision to be announced by the end of October 2025 at the latest.

XRP-0.24%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes