**XRP ETF Drama: Market Rollercoaster**
The past week has been wild for XRP holders. Bitwise filed for the first XRP exchange-traded fund (ETF) on Sept. 30, sparking excitement. But just days later, the SEC appealed its court loss to Ripple, dampening the mood.
- **Timeline:** Bitwise applied for the ETF in Delaware on Sept. 30 and filed with the SEC on Oct. 2.
- **Market Reaction:** XRP prices surged with the ETF news but fell after the SEC's appeal.
- **Expert Opinions:** Some see the appeal as a strategic delay, while others think it’s a serious challenge.