SEC Delays Canary XRP Trust Listing on Cboe Exchange
Published Date: 8/21/2025
Notice
Summary
The SEC is taking more time to decide if the Cboe BZX Exchange can list and trade shares of the Canary XRP Trust, a new crypto-based investment. This affects investors interested in trading these shares and could impact when the shares become available. The decision deadline has been extended, so patience is key before any money moves happen.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SEC delays XRP Trust decision
If you might trade shares of the Canary XRP Trust, the SEC extended its decision deadline by 60 days. The proposed rule change was published on February 25, 2025, the original 180-day deadline was August 24, 2025, and the new date for the Commission to approve or disapprove is October 23, 2025, so the listing may be delayed until then.
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