It is unclear whether the US SEC will appeal to block the Bitwise XRP ETF launch. The recent filing by Bitwise for an XRP ETF has raised questions and speculations regarding the fate of the filing. Some experts believe that the SEC may choose to block it, especially considering the ongoing developments between the SEC and Ripple Labs Inc. However, the final decision rests with the regulator, and it remains to be seen how they will proceed.
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.