21Shares Submits Application For XRP ETF To SEC

According to Odaily, 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to apply for an XRP Exchange-Traded Fund (ETF). This move marks a significant step in the cryptocurrency market, as it indicates growing interest and potential regulatory approval for XRP-based financial products. The application is currently under review by the SEC, and its approval could pave the way for more cryptocurrency ETFs in the future.