$XRP #XRPETFIncoming?

The race for new altcoin ETFs in the United States is gaining traction, with asset managers filing for new products with the SEC.

The NYSE Arca filed a 19b-44 for the conversion of the Grayscale XRP Trust to a spot XRP ETF.

“The Sponsors [...] believe that allowing Shares of the Trust to list and trade on the Exchange as an exchange-traded product (“ETP”) (i.e., converting the Trust to a spot XRP ETP) would provide other investors with a way to invest in XRP on a regulated national securities exchange,” the filing states.