NYSE Arca Proposal Names XRP Among Qualified Assets for Crypto Commodity Trusts

NYSE Arca Proposal Names XRP Among Qualified Assets for Crypto Commodity Trusts

NYSE Arca Proposal Names XRP Among Qualified Assets for Crypto Commodity Trusts

NYSE Arca has introduced a new rule proposal that explicitly includes XRP among assets that could qualify under updated standards for Commodity-Based Trusts. The exchange submitted the proposal yesterday to amend Rule 8.201-E, which governs the generic listing standards for such products.

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