Spot Bitcoin ETF provider WisdomTree has taken a significant step by filing an S-1 form with the SEC to launch a spot XRP ETF. This move positions WisdomTree as the fourth company in the United States seeking to offer an exchange-traded fund based on XRP, a prominent cryptocurrency.
This filing indicates growing interest and potential acceptance of XRP in mainstream investment products. An ETF would allow investors to gain exposure to XRP without having to directly purchase and hold the cryptocurrency.
