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CBOE officially approves XRP ETF, paving the way for U.S. listing
The Chicago Options Exchange (CBOE) has officially approved the listing of the 21Shares XRP ETF. According to information reported by multiple cryptocurrency media outlets, this approval decision was communicated in mid-December.
This XRP ETF, which 21Shares plans to issue, will mark an important milestone in the cryptocurrency market. With a major U.S. options exchange moving forward with ETF approval, it is expected that investment options for XRP and cryptocurrencies as a whole will further expand for institutional investors.
This decision is significant, especially after the approval of ETFs for other major cryptocurrencies like Bitcoin and Ethereum, as XRP has now become eligible for ETF approval. It can be seen as a signal that regulatory authorities’ approach to cryptocurrencies is gradually changing.
In the future, once the XRP ETF officially begins trading, it is highly likely that more retail and institutional investors will find it easier to access XRP, which could lead to increased market activity.