Canary Capital, WisdomTree, 21Shares and Bitwise are the latest fund managers bidding to launch XRP exchange-traded funds.
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Cboe BZX Exchange has filed on behalf of four asset managers looking to list spot XRP exchange-traded funds (ETFs) in the US this year.
On Feb. 6, the exchange lodged 19b-4 filings for spot XRP (XRP) funds from Canary Capital, WisdomTree, 21Shares and Bitwise.
The filings will start a review process with the Securities and Exchange Commission, now headed by crypto-friendly acting chair Mark Uyeda.
The proposed ETFs 19b-4 filings inform the SEC of a proposed rule change.
Last week, on Jan. 28, Cboe BZX refiled 19b-4 filings for spot Solana (SOL) ETFs for Canary, 21Shares, Bitwise and VanEck as analysts note an uptick in the number of crypto-related proposed ETFs.
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This is a developing story, and further information will be added as it becomes available.
This article first appeared at Cointelegraph.com News