$XRP
SEC opened the gates for alt-ETFs
🔥 The commission approved universal listing standards: now Nasdaq, NYSE, and CBOE will be able to launch spot crypto-ETFs without individual approval from the SEC.
⚡️ For the first time, the Grayscale Digital Large Cap Fund (BTC, ETH, XRP, SOL, ADA) has been approved.
🟢 Trading of options on the Cboe Bitcoin U.S. ETF index has also been permitted.
Quote from SEC Chairman Paul Atkins: "We are removing barriers to access for digital assets and maintaining the U.S. status as the main hub for innovation."
This is a historic step: altcoins are gaining a direct path to ETFs for the first time, liquidity and institutional demand will increase. Against the backdrop of a decrease in the Fed's rate, this could become a catalyst for a new crypto rally.