Bloomberg analyst Eric Balchunas noted that new SEC guidance allows issuers to accelerate the effective date of their registration statements under certain conditions, helping clear the review backlog caused by the government shutdown and potentially enabling delayed crypto ETFs to advance. He suggested Bitwise’s XRP ETF could be among the next to push forward.
SEC guidance update clears path for XRP ETFs: issuers can now accelerate effective dates post-shutdown backlog. Bitwise's filing could launch soon—watch for Nasdaq approval. XRP volume already spiking 15% on news