SEC confirms Bitwise XRP ETF registration update, not new product approval

🚨 Bitwise’s XRP ETF update is a regulatory paperwork milestone, not a new ETF approval.
💡 The SEC confirmed an effectiveness date for the fund’s updated registration.
📈 The ETF has traded on NYSE Arca since November and directly holds $XRP.
🔎 US-based XRP ETFs now collectively hold over 1 billion XRP in assets.

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