XRP Price Surges as 21Shares Triggers SEC Review for Spot ETF

The price of XRP experienced a significant jump, climbing 5% in a single hour to $2.32. This surge followed a crucial amendment filing by 21Shares for its proposed spot XRP Exchange-Traded Fund (ETF). The submission initiates a 20-day review period by the U.S. Securities and Exchange Commission (SEC), potentially leading to the fund's automatic approval by late November.