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.