Cboe BZX submits filings for XRP ETFs from Bitwise, WisdomTree, Canary, and 21Shares.

Looks like the hype for xrp is gonna huge this bull run. Cboe BZX Exchange has filed requests with U.S. regulators to launch the first spot XRP exchange-traded funds (ETFs). On February 6, the exchange submitted filings for four asset managers Canary Capital, WisdomTree, 21Shares, and Bitwise. These ETFs would track the price of XRP, the fourth-largest cryptocurrency. These filings notify the U.S. Securities and Exchange Commission (SEC) about a proposed rule change. If approved, these would be the first XRP ETFs in the U.S. Earlier, under former SEC Chair Gary Gensler, ETFs for Bitcoin and Ethereum were approved in early 2024. Now, with Acting Chair Mark Uyeda, who is seen as more supportive of crypto, there has been an increase in crypto-related ETF filings. Analysts believe issuers are testing what new crypto products the SEC, possibly influenced by a Trump administration, might approve. I think we are now getting a lot of adoption and attention towards crypto .