$XRP Theo Odaily, The New York Stock Exchange (NYSE) Arca has submitted a 19b-4 document, aiming to convert Grayscale's XRP Trust into a spot exchange-traded fund (ETF). The fund is currently managing assets worth approximately $16.1 million. This filing represents the second step in a two-part process to apply for a spot cryptocurrency ETF with the U.S. Securities and Exchange Commission (SEC). The exchange submitted the 19b-4 document to the SEC to propose amendments to existing rules.
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