The XRP price has surged over 6% in the last 24 hours, surging past $2.70 while extending its weekly gains to more than 10%. This catalyst comes as the first

The US Securities and Exchange Commission (SEC) is soliciting public input on a proposal for an exchange-traded fund (ETF) tied to XRP. In a filing posted on Wednesday, the SEC acknowledged a proposal from Cboe BZX Exchange,

Ripple's XRP saw a 6% uptick above $2.70 on Wednesday following the Securities & Exchange Commission’s (SEC) accelerated acknowledgment of XRP ETF filings. Meanwhile, asset manager Hashdex could launch the world's first spot XRP ETF in Brazil after receiving the country's SEC-equivalent authority approval.

The SEC has begun reviewing multiple XRP ETF applications from major financial firms while Brazil approved the world's first spot XRP ETF, causing the cryptocurrency's price to rise above $2.70.

XRP was among the top performers in the top ten market cap rankings of cryptocurrencies on Wednesday, surging by more than 7% before Wednesday’s close. The price uptick follows growing optimism over multiple XRP exchange-traded fund (ETF) filings in the United States and Brazil’s regulatory approval of what could become the world’s first spot XRP

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.