XRP ETF Deadline: SEC to Decide on T. Rowe Price by February 26
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XRP ETFs currently manage approximately $1.06 billion, with offerings from Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital. A significant SEC decision on T. Rowe Price's XRP ETF is expected by February 26, which could enhance XRP's adoption in mainstream finance.
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- XRP ETFs hold about $1.06 billion in combined assets under management (AUM).
- Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital are offering XRP ETFs.
- T. Rowe Price is a global investment management firm with over $1 trillion in assets.
The SEC is set to decide by February 26 whether to approve an XRP ETF filed by investment giant T. Rowe Price, which would represent a rather important moment for bringing XRP into the world of regulated, mainstream investing.
The decision comes as XRP ETFs are already booming, holding about $1.06 billion in combined assets under management (AUM). Right now, five companies are offering XRP ETFs: Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary Capital.
These funds let investors bet on XRP through a regular stock exchange, without having to buy or store the crypto themselves.
If T. Rowe Price (a fi…
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