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🔥 XRP ETF Race Just Got RED HOT! 🔥
Seven major asset managers, including Grayscale, Bitwise, and Franklin Templeton, just filed amended S-1 statements for their spot XRP ETFs with the SEC—and they did it all at once!
Why this is huge:
SEC Dialogue: This coordinated "cluster filing" is a clear signal they're actively responding to SEC feedback. Analysts call it a "very good sign" for approval odds!
Key Change: The amendments reportedly adjust the structure to allow for XRP or cash creations (instead of just cash), mirroring models that worked for BTC and ETH ETFs.
What's Next?
The clock is ticking! Approvals could be staggered, with analysts pegging the next decision window in late October.#xrp