Summary
- US exchange MEMX has requested SEC approval for listing 21Shares' spot XRP ETF.
- MEMX revealed plans to list the XRP spot ETF as a Commodity-Based Trust.
- This application was evaluated as part of the efforts to pursue spot ETF listings including XRP in the United States.
According to cryptocurrency media CoinTelegraph on the 17th (local time), US securities exchange MEMX (Members Exchange, a new exchange backed by Goldman Sachs and others in 2020) has requested approval from the Securities and Exchange Commission (SEC) to list 21Shares' spot XRP Exchange-Traded Fund (ETF) as a Commodity-Based Trust.
The media outlet evaluated this as "part of US exchanges' efforts to pursue the listing of spot ETFs including XRP."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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