Eleanor Terrett (@EleanorTerrett): 🚨NEW: The @CBOE has just filed the 19b-4s on behalf of @BitwiseInvest and @CanaryFunds for their $XRP ETFs.

🚨NEW: The @CBOE has just filed the 19b-4s on behalf of @BitwiseInvest and @CanaryFunds for their $XRP ETFs. The 19b-4 forms are the next step in the ETF approval process after issuers file their S-1s. The 19b-4s basically ask the @SECGov to allow them to list and trade the prospective ETFs. Once the SEC acknowledges receipt of the filing, a 240-day window opens for it to either approve or deny the products. The filing of the 19b-4’s does not guarantee acknowledgement or approval by the SEC but the agency has recently acknowledged the 19b-4 filings from @CanaryFunds and @Grayscale to list and trade $LTC ETFs. We’ll see if they do the same for $XRP.