NYSE Files Rule Change Naming XRP for Commodity Trusts

TLDR NYSE Arca filed a proposal to amend Rule 8.201-E for Commodity-Based Trust Shares. The proposal names XRP among digital assets that could qualify under updated standards. The exchange requires at least 85% of a trust’s net asset value to hold approved assets. A trust may allocate up to 15% of its holdings to non-approved [...]

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