WisdomTree files for XRP ETF via Delaware trust, Joins Bitwise, Canary Capital In The Race
The post WisdomTree files for XRP ETF via Delaware trust, Joins Bitwise, Canary Capital In The Race appeared first on Coinpedia Fintech News
Moving beyond Bitcoin, asset managers are now eyeing towards XRP as the next big player in the ETF space. In a latest develoment, the Global ETF provider WisdomTree has filed to launch an XRP ETF in the U.S. notably, this is the third filing to establish a spot XRP ETF in the country. Moreover, the XRP price soared over 10% after the announcement.
Eleanor Terrett Confirms The LegitimacyThe trust filing represents a preliminary step in the ETF launch process, preceding a formal application to the SEC.
