SEC Proposal Puts XRP on Equal Footing with Top Cryptos in ETP Listings

A proposed rule change filed by Nasdaq Texas with the SEC may have significant implications for exchange-traded products (ETPs) holding XRP and other digital commodities. According to a post from RippleXity, an independent crypto news platform, the filing suggests that XRP would be explicitly named alongside Bitcoin, Ethereum, Solana, and Litecoin as eligible commodities under new listing standards.

The proposed changes would reportedly allow up to 15% of a trust's net asset value to consist of assets that don't meet standard eligibility criteria. This buffer allowance is intended to accommodate actively managed strategies within these products.

Other mainstream outlets have not independently confirmed the contents or authenticity of the filing excerpts as presented by RippleXity. The claims originate from this independent, community-powered news platform, which states it is not affiliated with Ripple or Ripple Labs Inc.