21Shares has just filed for approval of an XRP ETF with the SEC 🇺🇸
- The S-1 application was submitted on November 1 to list on the Cboe BZX Exchange.
- Coinbase Custody Trust will be the custodian of XRP if approved.
- Previously, Bitwise also filed for an XRP ETF.
The SEC approved Bitcoin and Ether ETFs in 2024 but has not responded regarding XRP due to the lawsuit with Ripple Labs.
- VanEck, 21Shares, and Canary Capital have also filed for a Solana ETF.
- Canary also proposed a Litecoin ETF in October.
Will the SEC delay or open comments on these applications? 🤔
Comment your opinions! 💬