The SEC reviews Grayscale’s applications for XRP and Dogecoin ETFs
The US SEC has recognized proposed rule changes that would allow NYSE Arca to list and trade shares of the Grayscale XRP Trust and Grayscale Dogecoin Trust. This is an important step, especially for the Grayscale XRP Trust, as Ripple and the SEC are still in a legal battle over XRP’s classification. Bloomberg ETF analyst James Seyffart noted that a 45-day review period will start once the proposal is published