The United States Securities and Exchange Commission (SEC) has formally acknowledged three applications for XRP exchange-traded funds (ETFs) within a five-day span. This development has fuelled speculation about the regulator’s stance on XRP and its potential classification as a commodity.

SEC's approval of Bitwise XRP ETF will depend on public feedback and the filing’s compliance with its investor protection standards.

SEC reviews Bitwise's XRP ETF filing, a potential milestone in offering regulated market access and enhancing XRP investment dynamics.

XRP has been consolidating within a symmetrical triangle pattern on the 4-hour chart, suggesting a temporary equilibrium between buyers and sellers. A breakout above resistance could confirm bullish continuation.

According to a Feb. 14 regulatory filing, the United States Securities and Exchange Commission (SEC) has acknowledged Cboe BZX’s request to list asset manager 21Shares’ XRP exchange-traded fund (ETF).