Nasdaq Files for CoinShares’ XRP and Litecoin ETFs
- Eric Balchunas, a Bloomberg senior ETF analyst, highlights the potential approval of the first altcoin ETF under Trump’s administration.
- The supportive stance of President Donald Trump towards cryptocurrencies is noted as a positive factor.
- The regulatory environment in the U.S. is expected to become more favorable for crypto ETFs.
- Nasdaq’s filing of a 19b-4 submission is a critical step towards launching XRP and Litecoin ETFs.
Nasdaq’s recent filing indicates progress towards launching CoinShares’ XRP and Litecoin ETFs, with optimism fueled by regulatory shifts and supportive political stances.
Source (2.6)https://coingape.com/nasdaq-files-19b-4s-for-coinshares-xrp-litecoin-etfs-with-us-sec/?rand=24432
