US stock exchange MEMX applies to SEC to list 21Shares XRP ETF as a commodity trust

Odaily News According to regulatory documents, the US stock exchange MEMX has applied to the SEC to list the 21Shares XRP ETF as a "commodity-based trust." Listing as a commodity trust will put XRP in the same category as the spot Bitcoin and Ethereum ETFs launched in the United States last year. (Cointelegraph)
Earlier news, the U.S. SEC has confirmed that it has received the 19b-4 application document submitted by 21Shares regarding the spot XRP exchange-traded fund (ETF), which indicates that 21Shares is actively promoting the listing process of the XRP ETF. The 19b-4 document is submitted by the exchange to the SEC to seek approval for rule changes for listing and trading specific securities.
In addition, the SEC has accepted the Grayscale XRP Trust Conversion ETF application and started the review process.