Cboe recently submitted a 19b-4 form for a spot exchange-traded fund (ETF) focusing on XRP, backed by Franklin Templeton. This significant move highlights rising institutional interest in broadening options for crypto investments. With this ETF filing, Cboe aims to enhance the market legitimacy of XRP, the cryptocurrency associated with Ripple. It signals to investors and regulators alike that interest in cryptocurrency financial products is growing. This could pave the way for more institutional investors looking to dip their toes into the crypto waters. As the ecosystem evolves, such initiatives are crucial for maintaining investor confidence. Regulatory clarity and innovative investment products will foster a more robust crypto market landscape. The post Cboe Takes Bold Step Filing 19b-4 for Franklin Templeton’s XRP Spot ETF appears first on Entreprenerdly.com.