Skip to content

XRP ETF Filing Acknowledged by SEC

SEC Acknowledges XRP ETF Filing by Nasdaq and CoinShares

  • The SEC has acknowledged Nasdaq’s filing for the CoinShares XRP ETF, initiating a 21-day public comment period.

  • Other exchanges, including Cboe, are also seeking approval to list and trade XRP ETFs from firms like WisdomTree and Bitwise.

  • The SEC has previously rejected Solana ETF filings and indicated reluctance towards approving new crypto ETFs under the current administration.

  • XRP is trading at $2.5 and is the third-largest cryptocurrency by market capitalization.

  • Bloomberg analysts estimate a 65% probability of XRP ETF approval.

The SEC’s acknowledgment of Nasdaq’s filing for the CoinShares XRP ETF suggests a potential shift in its stance on crypto investment products, despite previous rejections of similar applications.

Source (2.6)https://cryptobriefing.com/sec-coinshares-xrp-etf-approval/?rand=59535
Share
Related Crypto News

Ethereum Surges Past $2600 on CPI Squeeze

    $ETH surged past $2,600 after U.S. CPI data, triggering $215M in short liquidations on Bitstamp and reducing year-to-date losses to 15%. Analysts emphasize holding $2,500 support. #Update #Crypto $ETH

    Bankman-Fried Appeals Conviction to Supreme Court

      Sam Bankman-Fried has petitioned the US Supreme Court to overturn his fraud conviction and an $11 billion forfeiture order, citing a 2025 ruling on wire fraud and economic harm. #Update #Legal $BTC