Grey Spot XRP ETF Officially Filed in the Federal Register, Resolution Deadline 18 October

Golden Financial reports that the Grayscale Spot XRP ETF (19b-4 application) has been officially filed with the Federal Register, which means that from now on, the SEC will begin its review and will need to make a decision on whether to approve or deny the application by 18 October. The 19b-4 Petition is Grayscale's official filing with the SEC for the launch of an XRP-based exchange-traded fund (ETF). The document has been officially published in the Federal Register, marking the formal start of the review process. Under the rules, the SEC has until 18 October to make a decision. In the meantime, the SEC may communicate with Grayscale to request additional information or clarification.