The Bitwise XRP ETF filing has recently gone live on the US Securities and Exchange Commission (SEC) website. This marks a significant step as it is the first application of its kind for an ETF offering exposure to XRP. If granted approval, it will provide institutional investors with a new avenue to engage with XRP.
Bitwise has filed Form S-1 with the SEC, officially initiating the process. The decision of the SEC regarding this application is eagerly anticipated by the crypto and financial communities, as it could pave the way for increased investor engagement with XRP. The launch on the SEC website is seen as a positive move towards potential approval.