SEC’s April trust-share filing was a proposal, with broader rule approved in July
An April proposal cited XRP as an example. The July order approved generic listing changes, not a specific XRP fund.
Correction, September 29, 2026: An earlier version of this article wrongly described an April Securities and Exchange Commission notice as an approval of XRP. The April document was a proposed exchange-rule change, not an approval order. The earlier article also presented an April XRP price contract without a verifiable dated market record. Those odds and trading claims have been removed.
On April 27, 2026, the SEC published notice 34-105311 of NYSE Arca’s proposed amendments to its generic listing standards for Commodity-Based Trust Shares. The agency solicited public comments. The proposal used a hypothetical trust holding bitcoin, ether, Solana, and XRP to illustrate an asset-eligibility threshold. That example did not approve XRP or a specific XRP exchange-traded product.
The SEC had already approved the exchanges’ initial generic standards in September 2025. Qualifying commodity-based products can use those standards without a separate proposed rule change for each listing. A product still has to satisfy the applicable criteria.
On July 28, 2026, the SEC issued order 34-106001 approving an amended version of NYSE Arca’s proposal. The order added a limited allowance for certain other portfolio assets and permitted active management under specified safeguards. It replaced the April proposal and did not announce an XRP-specific approval. Whether a particular XRP product qualifies depends on its own structure and the exchange’s listing requirements, not on the April notice alone.