Bitwise has submitted an application for an XRP exchange-traded fund (ETF), even as the regulatory environment remains challenging. Despite Ripple achieving recent legal wins, these events have introduced a degree of uncertainty concerning this application.
The development highlights ongoing issues in the regulatory landscape for cryptocurrency products, influencing companies seeking approval for financial instruments tied to digital assets like XRP.
This move by Bitwise reflects broader industry efforts to surmount regulatory barriers and bring more cryptocurrency-backed financial products to market.
Źródło: en.coin-turk.com ↗