SEC could announce the approval of the XRP ETF 13. February

American securities and exchange is expected to recognize the application in investments in Greiscale Investment to turn their KSRP confidence in the Video Fund on Thursday, 13. February.

These expectations derive from the SEC typical window to respond to the 19B-4 archiving, which is gray with vision submitted to January 30, January, toward to Eleanor Terrett.

Graiscale Initiative aims to transform His existing Trust KSRP, currently managed approximately $ 16.1 million, in the ETF listed on the New York Stock Exchange.

This move would allow investors to trade fund actions, provide exposure to XRP (XRP) without complexity of direct ownership of cryptocurries.

The forthcoming SEC decision could offer a significant insight into the current position of the Agency on the KSRP, especially given its historical legal disputes with Ripple, the company behind the XRP.

Federal Judgment Court previously determined This XRP is not security when traded in middle markets, a decision that may affect SEC access with these related financial products.

High probability of approval

Polimarket Betti estimates 81% of the probability of the sector will approve Spot XRP ETF this year. The result of Ripple’s current legal battle with SEC remains the key in this assessment.

The price of KSRP fell by almost 30% of its January peak, entered the bear market as a daily scope of trade and futures opening decline.