XRP ETF Applications Submitted by Cboe

Cboe Files Applications for Spot XRP ETFs with SEC

• Cboe has submitted four 19b-4 applications to the SEC for spot XRP ETFs.
• The SEC has a 240-day review period once it acknowledges receipt of the filings.
• Ripple CEO Brad Garlinghouse indicated anticipation of the SEC’s decision.
• XRP is the fourth-largest cryptocurrency by market capitalization.
• The proposed ETFs will track XRP prices without direct transactions in the asset.

Cboe has filed four applications with the SEC to introduce spot XRP ETFs, which will track XRP prices without direct asset transactions. The SEC has up to 240 days to review these proposals.