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On November 5th, there is a noteworthy piece of news — James Seyffart, an analyst from Bloomberg, revealed that Franklin Templeton has updated their XRP ETF S-1 filing.
This declaration uses the automatic effective process outlined in Section 8(a) of the Securities Act of 1933, which looks quite formal. The key point is that they plan to launch the product within this month, and they're moving quite fast.
To be honest, the discussion about the XRP ETF has been going on for quite a while, and now we finally see substantial progress. However, whether it can be successfully launched and how the market will react still needs to be observed.