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\n\t\t\t\t\t\t\t\t\tUnder the current rules, every asset in a specific trust must independently clear the SEC’s eligibility bar.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The U.S. Securities and Exchange Commission (SEC) proposed a rule change yesterday that would make it much easier to list crypto investment products that hold XRP alongside Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).<\/p>\n
The filing formally names XRP as an eligible commodity under a new 85\/15 framework, which would let multi-asset crypto trusts gain listed status without an exchange having to seek individual SEC approval for each product.<\/p>\n
The proposal is targeting<\/a> Rule 8.201-E, which governs how commodity-based trust shares get listed on NYSE Arca. Right now, every asset in one of these trusts must independently meet specific eligibility criteria.<\/p>\n The new rule would drop that requirement. Instead, a trust would only need at least 85% of its net asset value in qualifying assets, with the remaining 15% free to hold assets that would not otherwise clear the bar.<\/p>\n Bitcoin, Ethereum, Solana, and XRP are each explicitly named in the filing as assets that already qualify. All four meet the criteria on two counts: each one underlies a futures contract that has been trading on a regulated market for at least six months, and there is an ETF providing at least 40% economic exposure to each.<\/p>\n To illustrate how the rule would work in practice, the filing used a hypothetical trust holding $95 million in BTC, ETH, SOL, and XRP, alongside $5 million in other digital assets that do not meet the eligibility standards. Because the qualifying assets represent 95% of the portfolio, well above the 85% threshold, the trust would satisfy the listing requirements under the proposed change.<\/p>\n It is also worth noting that Nasdaq filed an essentially identical proposal under SR-NASDAQ-2026-032. NYSE Arca also pointed to two prior SEC approvals as precedent: the Grayscale Digital Large Cap Fund and Bitwise\u2019s 10 Crypto Index ETF, both of which were cleared<\/a> under a comparable 85% standard.<\/p>\n The filing also proposed excluding non-fungible assets and collectibles from the definition of eligible commodities, since those were never contemplated when the original generic listing standards were drawn up.<\/p>\n The SEC now has up to 45 days from the Federal Register publication date to act on the proposal, with the option to extend that to 90 days.<\/p>\n While analysts like ChartNerd described<\/a> the development as \u201cmassive\u201d for XRP, the token is struggling to wring itself away from the broader market weakness, trading for about $1.39 at the time of writing, which marked a 2% dip in the last 24 hours as well as a 3% decline over seven days.<\/p>\n And while it has gone up 4.4% in the last month, XRP is still almost 40% lower than it was a year ago and more than 61% lower than its all-time high of $3.65 attained in July 2025.<\/p>\n Meanwhile, on the ETF side, things have been going much better, with spot XRP ETFs hitting<\/a> a new record for cumulative net inflows at $1.29 billion. This is the highest the funds have recorded since their launch in mid-November 2025.<\/p>\nYou may also like:<\/h3>\n
XRP Price Context and ETF Flows<\/h2>\n