Nasdaq seeks

NASDAQ submitted a request to the US Securities and Exchange Committee (SEC) for the Coinshares, one for XRP and one for Litecoin.

On January 20, Nasdak Present This file, known as 19B-4, is required to exchange for the introduction of new financial products.

“The stock exchange suggests the list and trading of shares under Qaed 5711 (d), which governs the stock list based on commodity on the stock exchange,” says the file.

In January, Coinshare presented S-1 for EtFS XRP and Litecoin launch. The move comes after the successful launch of Bitcoin and Ethereum Etfs last year.

Nasdak’s move reflects the increasing confidence of investors and exchanges in the growth of the encryption market and the change of American regulations. It has increased the excitement about a possible launch of XRP and Litecoin ETFS soon.

Eric Balunas, chief of ETF analyst in Bloomberg, indicated that ETF Litecoin could be the first ALTCOIN ETF approval under the Trump administration. Because of Trump’s positive position on cryptocurrency and expected organizational changes, optimism in the investment funds circulated in encryption increased.

ashen Submit an application for Solana And Itecoin trusts in circulating investment funds, while Blackrock also plans to update Ishaares Bitcoin Trust Etf.

In addition, the exchange of CBOE BZX 19B-4 applications submitted For ATFS XRP with BitWise, Canary Capital, 21shares and Wisdomtree. Looking at the current position of encryption, the file is likely to be approved.