SEC filing documents surfaced online purportedly show new listing standards that would explicitly name XRP alongside Bitcoin, Ethereum, Solana and Litecoin as eligible commodities for a new class of exchange-traded products, according to a post from independent crypto news account RippleXity, which is not affiliated with Ripple Labs.
Nasdaq Texas filed a proposed rule change with the SEC on August 20 to amend Rule 5711(d), governing generic listing standards for Commodity-Based Trust Shares. The alleged unpublished documents show that the SEC published notice of the filing, with an order granting accelerated approval, on September 3, with the document scheduled to appear in the Federal Register on September 9.
According to excerpts shared by RippleXity, the filing outlines examples of how a proposed 15% buffer allowance would apply, including a scenario in which a Commodity-Based Trust Share holds 95% of its net asset value in Bitcoin, Ether, Solana and XRP, structured to qualify as “eligible commodities” under Rule 5711(d)(iv)(A)(2) and (3).
The proposed changes would reportedly allow up to 15% of a trust’s net asset value to consist of assets that don’t meet standard eligibility criteria, introduce a formal definition for “digital commodity,” and permit actively managed strategies within these products.
Other mainstream outlets have not independently confirmed the contents or authenticity of the filing excerpts as presented. The claims originate from RippleXity, a self-described independent, community-powered news platform built on the XRP Ledger that states it is not affiliated with Ripple or Ripple Labs Inc.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
