• 21 Shares, Bitwise, Canary Capitals, and WisdomTree have been accomplished on the 19B-4 kind
• As soon as the shape is accepted, the SEC will start the evaluation course of and take 240 days to decide
• SEC accepted the listing of Spot Bitcoin ETFs in January 2024

The Chicago Board Choices Trade (CBOE) has launched the SPOT XRP Trade-Traded Funds (ETFs) by submitting 4 separate filings on behalf of the writer.

Trade submitted 19B-4 kind from 21 shares, Bitwise, Canary Capital, and Knowledge Tree.

The submitting begins a evaluation course of with the Securities and Trade Fee (SEC). Following approval from the agent, there’s a 240-day window by which the SEC approves or rejects the applying.

Code-friendly Mark Ueda is presently the performing committee chair of the SEC.

In October, Bitwise submitted the S-1 type of the XRP ETF to the SEC. Equally, Canary Capital utilized for the XRP ETF final 12 months, reflecting its broader technique to carry a number of crypto ETFs to the market.

The SEC accepted the listing of Spot Bitcoin ETFs in January 2024.

It is a creating story.