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WisdomTree officially files S-1 for its spot XRP ETF.  Coinpedia 02 Ara 2024

WisdomTree officially files S-1 for its spot XRP ETF.  📈

XRP Bitwise Canary Capital WisdomTree USA

On December 2, asset manager WisdomTree from New York took a significant step by filing an S-1 registration with the U.S. Securities and Exchange Commission (SEC). This move was made to facilitate the launch of a spot XRP exchange-traded fund (ETF).

The initiative by WisdomTree positions them alongside other companies such as Bitwise and Canary Capital, which are also seeking to introduce XRP ETFs. This trend among reputable firms indicates a growing interest in XRP ETFs in the current financial landscape.

WisdomTree's action reflects broader efforts among key players in the asset management industry to expand their offerings in cryptocurrency ETFs, particularly involving Ripple's XRP.

The filing marks an important phase in the continued integration and acceptance of cryptocurrencies within traditional financial instruments and market strategies. This could potentially lead to increased accessibility and attractiveness of cryptocurrency investments for institutional and retail investors alike.

Kaynak: coinpedia.org ↗

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