WisdomTree, a prominent Bitcoin Exchange Traded Fund (ETF) issuer in the United States, is now venturing into the XRP market. Joining forces with Bitwise, WisdomTree has filed for an XRP ETF with the Securities and Exchange Commission (SEC), taking steps to list the fund as the WisdomTree XRP Fund.
This move marks WisdomTree as the fourth company in the United States to submit a Form S-1 for a spot XRP ETF. The initiative highlights the growing interest and emerging opportunities within the cryptocurrency asset management space, specifically in offering diverse ETF products.
With the increasing momentum behind XRP-focused investment strategies, this application reflects broader trends in the cryptocurrency market, where asset managers are eager to tap into new digital asset classes. These companies aim to provide investors with more regulated and accessible ways to invest in digital currencies.
Bron: www.thecoinrepublic.com ↗
