CBOE

Bitcoin is known for its strong price volatility, causing many investors to be apprehensive. However, a new type of Bitcoin ETF promises to provide peace of mind with the ability to protect up to 100% of downside risk, opening up safer investment opportunities for both newcomers and professional investors.

Comprehensive Bitcoin ETF protection

• Launching the first product: A company with over $40 billion in assets under management will launch the first Bitcoin ETF with the ability to protect 100% of downside risk next Wednesday. The opening price of this ETF is expected to be $25.

✅ Franklin Templeton has applied for the listing of an XRP exchange-traded fund on the CBOE, joining major companies seeking regulatory approval for exchange-traded funds for alternative currencies.
Will it be approved or not? Share your opinion in the comments!!
<t-19/>#XRP #فرانكلين_تمبلتون #CBOE #عملات_بديلة #صناديق_الاستثمار

The U.S. Securities and Exchange Commission (SEC) just took a surprising action by registering a series of new crypto ETF filings, including Solana (SOL), Litecoin (LTC), and XRP. This is the first time the SEC is considering ETF funds related to cryptocurrencies that have been regarded as unregistered securities.
🔹 Solana gets closer to a spot ETF, but there are still major barriers
On 06/02/2025, #SEC officially registered Grayscale's amendment filing 19b-4 for the Solana spot ETF. This is the first positive sign indicating the SEC may be more open to digital assets beyond $BTC and $ETH .

On Thursday, the Chicago Board Options Exchange (Cboe) officially submitted four separate applications to the U.S. Securities and Exchange Commission (SEC) for the approval of spot XRP exchange-traded funds (ETFs). The applications, filed on behalf of WisdomTree, Bitwise, 21Shares, and Canary, mark a significant push toward introducing the first spot XRP ETFs in the United States.This move follows the recent success of Bitcoin and Ethereum ETFs, yet some Wall Street analysts remain skeptical, stating that full-scale demand for crypto-based ETFs has not yet been realized.
XRP Price Drops Despite ETF Interest
Despite growing interest from major asset managers, XRP has suffered a 25% decline over the past two weeks. The cryptocurrency had previously surged near its all-time high of $3.40 in late January, but recent market conditions have driven prices lower.
The broader crypto market downturn has been evident throughout early 2025, following the bullish momentum from late 2024, which was fueled by President Donald Trump’s reelection victory. This cooling effect has impacted investor sentiment across the industry.
Regulatory Uncertainty Surrounding XRP ETF Approvals
Cboe’s filing for spot XRP ETFs comes amid ongoing regulatory uncertainty. Unlike Bitcoin and Ethereum, which have received clearer regulatory classification, XRP’s legal status remains contested.
The applicants rely on the July 2023 court ruling in the SEC v. Ripple Labs case, which partially ruled in favor of Ripple by stating that programmatic XRP sales to retail investors do not constitute securities transactions. However, the SEC is currently appealing this decision, seeking to reverse the ruling in the Second Circuit Court.
According to Cboe’s filing, the exchange believes it is applying proper legal standards, arguing that XRP should not be classified as a security under federal law.
XRP ETFs Face Additional Challenges Compared to Bitcoin and Ethereum
A key regulatory hurdle for XRP ETFs is the lack of an established CME futures market. The SEC had previously emphasized the importance of a regulated futures market when approving spot Bitcoin and Ethereum ETFs.
Despite this challenge, asset managers are taking strategic measures to increase their chances of approval. These include:
Sourcing XRP from secondary markets rather than directly from Ripple Labs.Enhanced surveillance and market monitoring to prevent manipulation.Custody with licensed third-party custodians to ensure security.Cold storage solutions for added protection.Intraday trading halt mechanisms to enhance investor safety.
XRP ETF Decision Timeline
The SEC has 45 days to review these applications upon publication in the Federal Register. This period can be extended up to 90 days, depending on the regulatory process.
Meanwhile, Cboe has also resubmitted four Solana ETF applications, addressing concerns previously raised by the SEC in 2024. These included key issues such as market integrity, investor protection, and regulatory oversight.
If XRP ETFs receive approval, it could signal a new era of institutional adoption for XRP, making it the third major cryptocurrency after Bitcoin and Ethereum to secure ETF legitimacy in the U.S.
The post appeared first on CryptosNewss.com

#XRPETFApproval #Cboe $XRP

In a significant development for the cryptocurrency market, 21Shares has officially filed for a Solana ETF with the Chicago Board Options Exchange (CBOE). The filing was submitted to the U.S. Securities and Exchange Commission (SEC) on July 8, 2024, marking a major step towards offering a regulated investment vehicle focused on Solana.
Key Details:
Filing Entity: 21SharesProposed ETF: 21Shares Core Solana ETFExchange: CBOE BZX Exchange, Inc.Filing Date: July 8, 2024SEC Form: 19b-4Description: The ETF aims to list and trade shares of the 21Shares Core Solana ETF under Rule 14.11.
Implications:
This move underscores the growing interest and institutional acceptance of Solana as a major player in the cryptocurrency ecosystem. If approved, the ETF will provide investors with a regulated and convenient way to gain exposure to Solana, potentially increasing the asset's adoption and liquidity.
The filing is now under review by the SEC, and its approval could set a precedent for other blockchain-based ETFs, further legitimizing cryptocurrencies in traditional financial markets.
#solana #sol #solanaetf #cboe #spotetf $SOL

The Cboe BZX exchange has decided to make a major change to the market of cryptocurrency ETFs to make them more convenient and profitable for investors. To do this, they turned to the SEC (the U.S. Securities and Exchange Commission) with a proposal to allow transactions in the so-called in-kind.
But what does it mean? Currently, money is used to create or redeem shares of ETFs. For example, to issue shares of a bitcoin ETF, you need to transfer money to the issuer, not the bitcoins themselves. Cboe suggests simplifying the process: authorized participants (AP) will provide bitcoin or ether themselves instead of cash. In exchange, they will receive shares of the ETF. If the investor decides to repay the shares, he will receive cryptocurrency, not money.
This is important because:
Costs are reduced. Unnecessary steps in the process are removed, which reduces transaction costs.
Taxes are being cut. Exchanging assets (for example, bitcoins) instead of selling them avoids additional tax obligations.
Communication with the underlying assets is improving. The share price of ETFs will be even closer to the value of the cryptocurrencies they represent.
This idea is already working successfully in traditional ETFs (for example, stocks or commodities), and experts such as Bloomberg analyst James Seyffart are confident that crypto-ETFs will also become more effective.
For example, Bitcoin-ETF ARK 21Shares (ARKB) and Ethereum-ETF 21Shares Core (CETH) already occupy leading positions in the market. ARKB is one of the four largest Bitcoin ETFs with assets of $5.10 billion, while CETH ranks eighth among Ethereum ETFs.
If the SEC approves this initiative, it will be a significant step for the cryptocurrency ETF industry. Investors will benefit more, and crypto assets will gain an even stronger foothold in traditional finance.
Do you think this step could attract more major investors in cryptocurrencies and what does it mean for the future market?
#Cboe #BitcoinETF #EthereumETF #crypto