TechFlow news, according to The Block, the U.S. Securities and Exchange Commission (SEC) confirmed on February 19 that it has accepted Nasdaq's filing on behalf of CoinShares for spot XRP ETF and Litecoin ETF listings. The SEC requires comments to be submitted within 21 days after publication in the Federal Register.
Currently, the SEC has accepted spot XRP ETF applications from 21Shares, Bitwise, and Grayscale, as well as Litecoin ETF applications from Grayscale and Canary Capital. According to Bloomberg ETF analyst projections, the approval probability for a Litecoin ETF is 90%, while that for an XRP ETF stands at 65%.
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