According to the latest information, 21Shares has applied for XRP Spot ETF.
21Shares already has a Bitcoin spot ETF and is known for its partnerships with ARK.
Canary, a previously little-known investment firm, had applied for an ETF for both Solana and XRP.
However, there are major doubts about whether XRP ETFs will be approved because the SEC has long maintained that XRP is a security.
On the other hand, if Donald Trump comes to power in the US elections to be held on November 5, the SEC chairman is also expected to be replaced, and this could be extremely positive for cryptocurrency ETFs.
*This is not investment advice.
