According to Cointelegraph, the Cboe BZX Exchange has submitted filings on behalf of four asset managers aiming to list spot XRP exchange-traded funds (ETFs) in the United States this year. On February 6, the exchange filed 19b-4 documents for spot XRP funds from Canary Capital, WisdomTree, 21Shares, and Bitwise. These filings initiate a review process with the Securities and Exchange Commission (SEC), which is currently led by the crypto-friendly acting chair, Mark Uyeda.
The 19b-4 filings are intended to inform the SEC of a proposed rule change regarding the introduction of these ETFs. This move follows a recent re-filing by Cboe BZX on January 28 for spot Solana (SOL) ETFs for Canary, 21Shares, Bitwise, and VanEck. Analysts have observed an increase in the number of crypto-related ETF proposals, indicating a growing interest in the sector. This development is part of a broader trend as the financial industry continues to explore cryptocurrency investment vehicles. Further updates will be provided as more information becomes available.