SEC Puts Brakes on XRP Trust: Crypto Fans Left Hanging Longer
Published Date: 3/17/2025
Notice
Summary
The SEC is taking extra time to review NYSE Arca’s plan to list and trade shares of the Grayscale XRP Trust, a new kind of investment tied to the cryptocurrency XRP. This means investors and traders should expect a decision after the original April 6, 2025 deadline. The delay helps ensure the SEC carefully considers all details before giving the green light, which could impact how and when these shares hit the market.
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