XRP Outshines Bitcoin, Ethereum After SEC Acknowledges Grayscale ETF Filing

XRP (CRYPTO: XRP) emerged as one of the biggest large-cap gainers Thursday following the SEC’s acknowledgment of its exchange-traded fund application by Grayscale Investments

What happened: The third-largest cryptocurrency by market capitalization was up over 4% in the last 24 hours, while blue-chip currencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) fell 0.33% and 1.18%, respectively.

The outperformance came after the SEC solicited comments on the ETF application by Grayscale and asked for those to be submitted 21 days after publication in …

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