According to the filing, NYSE Arca submitted the proposed Rule 8.201-E amendment on April 27, explicitly naming XRP with Bitcoin, Ethereum and Solana as eligible assets for commodity-based trust shares.
The U.S. Securities and Exchange Commission is reviewing a proposed NYSE Arca rule change for commodity trust shares and has requested public comment. New information indicates NYSE Arca submitted the proposed amendment to Rule 8.201-E on April 27, explicitly naming XRP alongside Bitcoin, Ethereum, and Solana as eligible assets for commodity-based trust shares. Under the proposal, at least 85% of a fund’s assets would need to satisfy eligibility standards tied to market history, and the rule is significant because exchange listing standards can affect how easily crypto assets are packaged into regulated investment products. The SEC may ultimately approve the proposal, reject it, or open further proceedings.