SEC recognizes the place XRP ETF submission from the canary

US Securities and Prohibition Commissions admitted Wednesday Spot XRP ETF filing From CBOE BZX exchange on behalf of the Canary Capital.

In noon Recognizing the proposal, SEC requested that comments were sent 21 days after his application was published in the Federal Register. The Agency can then decide to approve, not approves or “Institute procedure”.

The phenomenon of 19B-4 represents another step in the two-piece process of proposing the UTF crypto in SEC. Once it is recognized, the submission is published in the Federal Registry, initiates the process of formal approval of the Agency.

SEC has previously recognized Spot XRP ETF Filings from 21Shares, in spite of, gray and Coinshares. The capital of the canary also had Litecoin ETF submission of an agency that has recognized.

Last year, SEC approved the list Spot Bitcoin ETFS and Spot Etherum Etfs. Publishers have flooded the Zone with CRIPTO ETF in the last few months since the last few months, because the Cripto-friendly Trump administration took control of the American government. In addition, a New Working Group for CryptoAt the head of the Commissioner of the Republic Sector of Hester Peirce, it plans to determine which are “crypto funds” securities, between many other priorities.

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