Bitwise XRP ETF Positioned for Potential Launch as SEC Guidance Streamlines Approval Process

The Securities and Exchange Commission introduced procedural guidance this week that creates expedited pathways for cryptocurrency exchange-traded fund approvals. Bloomberg ETF analyst Eric Balchunas indicates Bitwise's XRP ETF application appears closest to launching under the new framework. The regulatory shift allows qualifying issuers to bypass standard review timelines, potentially clearing a backlog of pending filings.