Bitwise’s spot XRP ETF may become the next launch as SEC moves to speed filings

The SEC's recent move to expedite filings could significantly impact the cryptocurrency market, particularly with the anticipated launch of Bitwise's spot XRP ETF. This development aligns with Canary Capital's recent filing, which indicates a similar trajectory for their XRP ETF launch. However, the CEO of Canary has noted that they may pause new ETF filings after this launch due to high SEC approval barriers. The overall trend suggests a growing interest in cryptocurrency ETFs, which could diversify investor options and foster competition in the market.