Spot XRP ETF Race Heats Up As WisdomTree Files S-1 Application With SEC

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Bitcoinist 2d ago

Spot XRP ETF Race Heats Up As WisdomTree Files S-1 Application With SEC - Bitcoinist

Quick Summary:

Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund.

Bitwise was the first to file in October, followed by Canary Capital on October 9 and 21Shares with its Core XRP Trust on November 1.

Trump’s promises have been bolstered by the resignation announcement of SEC Chair Gary Gensler, whose last day in office will coincide with Trump’s inauguration on January 20.