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CoinDesk - by layer3.news
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2025-02-06 22:41:43
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SEC Seems Ready to Advance XRP, Litecoin, Solana ETF Applications


CoinDesk (nprofile…nhef)
✍️ The US Securities and Exchange Commission (SEC) took a step towards allowing new crypto exchange-traded funds (ETFs) tracking the price of assets like Litecoin and Solana.
👉 SEC acknowledges Grayscale's filing for a Solana ETF
👉 SEC acknowledges BlackRock's proposal for in-kind creations and redemptions for iShares Bitcoin ETF
👉 Cboe files to list and trade shares of four separate ETFs tracking XRP
👉 Companies feel more comfortable expanding beyond just Bitcoin and Ether ETF products

#EricBalchunas #technology
CoinDesk (nprofile…nhef)

The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.
https://www.coindesk.com/business/2025/02/06/sec-seems-ready-to-advance-xrp-litecoin-solana-etf-applications

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