PANews reported on February 10 that Nasdaq has submitted 19b-4 application documents for CoinShares LTC ETF and CoinShares XRP ETF to the US SEC.
It is reported that a 19b-4 application refers to a rule change proposal submitted to the U.S. Securities and Exchange Commission (SEC), usually submitted by an exchange (such as NYSE or Nasdaq) in order to list new financial products (such as ETFs).