The US Securities and Exchange Commission (SEC) has acknowledged Cboe BZX's request to list 21Shares' XRP exchange-traded fund (ETF), which is seen as a sign of progress for US exchanges seeking to list ETFs containing spot XRP. The SEC's acknowledgement is not to be confused with a formal approval of an XRP ETF, but it indicates a changing stance by the regulatory body towards cryptocurrencies. The filing proposes listing the ETF under BZX Rule 14.11(e), which governs the listing and trading of Commodity-Based Trust Shares. The SEC has previously approved bitcoin and ether-based commodity trust shares and receipts. The filing also highlights the surge in activity to file for the listing of over a dozen crypto ETFs in anticipation of a more favorable regulatory environment under the Trump administration. Issuers are now preparing for the potential approval of crypto index ETFs covering a range of digital tokens.



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