#LTC&XRPETFsNext?

Nasdaq requests authorization to list XRP and Litecoin ETFs

With the change in stance at the United States Securities and Exchange Commission, the SEC, Nasdaq has decided to request permission to list XRP and Solana (SOL) ETFs. This listing involves CoinShares ETFs, which are still under review by the US regulator.

However, Nasdaq decided to get ahead of the game and give its approval in an attempt to speed up the approval of the funds. To this end, the technology exchange filed two 19b-4 forms requesting the listing of the funds.

These listings allow investors to take advantage of new investment opportunities in XRP and Litecoin, boosting institutional adoption. In other words, if the SEC approves the two CoinShares applications, Nasdaq could become the first exchange to list the new funds.

CoinShares filed applications to create Solana and XRP ETFs in January, as reported by CriptoFácil. Both applications are under review by the SEC, but the agency recently approved the analysis of Grayscale's Solana ETF application. With this, the market became more excited about the possibility of the agency approving the fund in 2025.

Nasdaq wants to list ETFs

According to an official registration filed this Monday (10), Nasdaq sent two 19b-4 forms to the SEC to list and trade two CoinShares exchange-traded funds, of XRP and Litecoin.

CoinShares filed applications to create Solana and XRP ETFs in January, as reported by CriptoFácil. Both applications are under review by the SEC, but the agency recently approved the analysis of Grayscale's Solana ETF application. With this, the market became more excited about the possibility of the agency approving the fund in 2025.

Nasdaq wants to list ETFs

According to an official registration sent this Monday (10), Nasdaq sent two 19b-4 forms to the SEC to list and trade two exchange-traded funds from CoinShares, of XRP and Litecoin.