CoinShares Files for XRP and Litecoin ETFs with Nasdaq, SEC Reviews 19b-4 Forms

CoinShares has filed applications with Nasdaq for the listing and trading of exchange-traded funds (ETFs) focused on XRP and Litecoin. Nasdaq has submitted 19b-4 forms to the U.S. Securities and Exchange Commission (SEC) to list the CoinShares XRP ETF and CoinShares Litecoin ETF, marking a significant move towards integrating cryptocurrencies into mainstream investment vehicles.
The proposed ETFs aim to provide investors with exposure to XRP and Litecoin without the need to directly purchase the cryptocurrencies. This development comes amidst growing institutional interest in cryptocurrencies, despite ongoing legal uncertainties surrounding XRP's classification as a security.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
Related Posts
Advertisement
Get an edge in Crypto with our free daily newsletter
Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri
90k+ Defiers informed every day. Unsubscribe anytime.