Eleanor Terrett (@EleanorTerrett): 🚨SO, for everyone asking what this means — the SEC has *acknowledged* @Grayscale/@NYSE’s 19b-4 application to convert its $XRP Trust into an ETF.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- XRP+50Positive
🚨SO, for everyone asking what this means — the SEC has *acknowledged* @Grayscale/@NYSE’s 19b-4 application to convert its $XRP Trust into an ETF. No, it doesn’t mean automatic approval and it doesn’t even guarantee the SEC will approve it down the line. So why is it notable?… x.com/eleanorterrett… Quote [@EleanorTerrett](https://www.twitter.com/EleanorTerrett/status/1890161144691868054) > 🚨NEW: The @SECGov has acknowledged the $XRP 19b-4 filings.