#LTC&XRPETFsNext? XRP & Litecoin ETFs: Nasdaq Makes Its Move

Nasdaq has applied for SEC approval to list XRP and Litecoin ETFs, potentially reshaping the crypto market. 📅 On January 20, it submitted its request under Rule 19b-4, fueling expectations after CoinShares' previous S-1 filing.

🔹 Litecoin could be the first ETF approved, according to Bloomberg analyst Eric Balchunas, if a pro-crypto administration takes charge in the U.S.

⚖️ XRP vs. Regulators

Ripple is in talks with the CFTC, which appears more open to XRP, while the SEC still insists it's an unregistered security. Meanwhile, the CFTC has launched a pilot program to evaluate digital assets as financial collateral, involving Ripple, Circle, Coinbase, and Crypto.com.

📜 Legal Blow to the SEC

A recent court ruling determined that certain XRP sales are not securities, potentially setting a major