The post Nasdaq files to list and trade CoinShares XRP, Litecoin ETFs appeared on BitcoinEthereumNews.com.

Key Takeaways Nasdaq plans to list and trade CoinShares XRP and Litecoin ETFs. Litecoin ETFs have a high probability of launching due to fewer regulatory hurdles. Nasdaq has formally filed 19b-4 forms with the SEC to list and trade two exchange-traded products from CoinShares, the CoinShares XRP ETF and Litecoin ETF. The proposed funds would provide investors exposure to XRP and Litecoin (LTC), two established crypto assets. The leading European digital asset investment firm aims to expand its presence in the US market with new offerings, taking advantage of favorable regulatory changes signaled by the new administration. The updates come after CoinShares submitted S-1 forms with the SEC last month, seeking the regulatory nod for its spot XRP and Litecoin ETFs. Not only CoinShares, big-name US asset managers are also lining up, hoping to get the green light for their own crypto ETFs. Grayscale Just last week, Cboe submitted four 19b-4 filings with the SEC to request a rule change allowing the listing and trading of spot XRP ETFs managed by WisdomTree, Bitwise, 21Shares, and Canary in the US. Litecoin ETF is on track to be the first spot crypto ETF approved in the Trump era, according to Bloomberg ETF analyst Eric Balchunas. Compared to other crypto assets in the lineup, Litecoin may have a regulatory advantage, as it has not been involved in legal disputes with the SEC. Plus, the CFTC labeled Litecoin as a commodity in its lawsuit against crypto exchange KuCoin, thereby exempting it from the SEC’s securities regulations. Polymarket odds currently place the likelihood of Litecoin ETF approval this year above 80%, reflecting traders’ expectations of a launch. Source: https://cryptobriefing.com/nasdaq-crypto-etfs-xrp-litecoin/

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Filed under: News - @ February 10, 2025 12:26 pm