The US Securities and Exchange Commission (SEC) has acknowledged 19b-4 filings from Grayscale to list spot Dogecoin and XRP exchange-traded funds (ETFs).

The SEC announced the acknowledgements of the Grayscale Dogecoin Trust and the Grayscale XRP Trust on February 13. If approved, NYSE Arca will list the shares

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The US Securities and Exchange Commission (SEC) has acknowledged two 19b-4 filings from CoinShares to list and trade Litecoin and XRP exchange-traded funds (ETFs) on Nasdaq.

The SEC announced the receipt of the applications for the CoinShares Litecoin Trust ETF and the CoinShares XRP Spot ETF on March 8. Both filings now await publication in the federal register to begin the 240-day approval countdown.

CoinShares filed S-1 registration statements with the SEC for the Litecoin and XRP ETFs on January 23. The filings follow the asset manager’s previous applications to list spot Bitcoin (BTC) and Dogecoin (DOGE) ETFs.

CoinShares applied to launch a Litecoin ETF in March 2022, while its XRP ETF application was filed in October 2021. Both filings aim to provide investors with exposure to the respective cryptocurrencies through the New York Stock Exchange Arca.

CoinShares launches ‘Physically Backed' XRP ETP in Europe

The applications come amid a flurry of filings for crypto ETFs in recent weeks. Several issuers are looking to launch spot XRP ETFs after the SEC opened the door for Bitcoin futures-based ETFs in 2021.

The Chicago Board Options Exchange (Cboe) filed four separate filings on behalf of 21Shares, Bitwise, Canary Capital, and WisdomTree to list and trade XRP ETFs on February 27.

In October, Bitwise filed an S-1 form with the SEC for an XRP ETF, and Canary Capital filed for an XRP ETF in 2022 as part of its broader strategy to launch multiple crypto ETFs.

Related: SEC delays decision on First Trust's SkyBridge Bitcoin ETF application

Meanwhile, Bloomberg analysts are giving a Litecoin ETF a 90% chance of being approved in 2025, despite the push for XRP ETFs.

James Seyffart and Eric Balchunas analyzed the spot crypto ETFs, focusing on Dogecoin, Litecoin, Solana, and XRP. According to them, a Dogecoin ETF has a 75% chance of approval, a Solana ETF has a 70% chance, and an XRP ETF has a 65% approval rating — after Litecoin.

According to Seyffart, it’s unlikely that an XRP ETF will be available until the Ripple/XRP/SEC case is settled, finished, or has some sort of outcome.

“The SEC needs to untangle that mess,” he said.