SEC Reviews Grayscale’s XRP and Dogecoin ETF Applications
- The SEC is reviewing applications for Grayscale’s XRP and Dogecoin ETFs.
- Grayscale aims to convert its trusts into ETFs, offering digital asset exposure.
- NYSE Arca filed a 19b-4 form for Grayscale’s XRP Trust, managing $16.1 million in assets as of January 22, 2025.
- Coinbase Custody Trust Company is the custodian; BNY Mellon handles administration.
- XRP ranks as the third-largest digital asset; Dogecoin is eighth by market cap.
The SEC has begun reviewing Grayscale’s ETF applications for XRP and Dogecoin, with NYSE Arca seeking approval to list these products. The review process includes a public comment period before final decisions are made.
Source (2.6)https://cryptobriefing.com/grayscale-etf-application-sec-review/?rand=59535
