According to WallStreetBulls, MEMX has filed with the U.S. Securities and Exchange Commission (SEC) to list an XRP exchange-traded fund (ETF), designating it as a commodity-based trust. Additionally, Cboe BZX Exchange has submitted an application on February 6 to list four XRP ETFs, including one from 21Shares. This move indicates a significant step towards greater institutional involvement in XRP trading, potentially impacting liquidity and price stability of XRP in the market.

According to WallStreetBulls, MEMX, a USA-based exchange, has filed to list the 21Shares XRP ETF as a commodities-based trust. This move indicates greater regulatory clarity and potential for increased institutional adoption of XRP, which could impact its trading volume and volatility.