WisdomTree Files for XRP ETF After Ripple-Linked Coin Hits 3-Year High Price

Quick Summary:

Asset manager WisdomTree has filed for an XRP exchange-traded fund (ETF) in Delaware, the first step in the U.S.regulatory process.

The paperwork filed with the state of Delaware is the first step in getting such a product approved.

Both have experienced large inflows, but the Bitcoin products in particular have broken records, led by BlackRock's iShares fund.

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Article Details

Author / Journalist: Mathew Di Salvo

Category: Crypto

Markets: Estonia

Topics: Markets Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 21:13:44 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23851893

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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