The Grey Release Spot XRP ETF (19b-4 application) has been officially filed in the Federal Register, which means that from now on, the SEC will begin its review and will have until October 18 to decide whether to approve or reject the application. The 19b-4 filing is Grayscale's official filing with the SEC to apply for the launch of an XRP-based exchange-traded fund (ETF). The filing has been officially published in the Federal Register and marks the official start of the review process. According to regulations, the SEC needs to make a decision by October 18. During this time, the SEC may communicate with Grayscale to request additional information or clarification of relevant issues.