Wisdomtree, a global asset manager overseeing $113 billion, has filed for SEC approval to launch a spot XRP ETF. This move comes as XRP's value soars by over 400%, securing it as the third largest cryptocurrency.
The filing emphasizes the increasing interest in institutional investment products linked to leading cryptocurrencies like XRP, reflecting the broader market's growth and acceptance.
If approved, the ETF would provide a regulated avenue for traditional investors to partake in XRP's rising popularity and market share.
