WisdomTree, one of the first companies to issue a spot Bitcoin exchange-traded fund (ETF) in the United States in January, became the fourth company in the US to submit a Form S-1 filing for a spot XRP ETF with the US Securities and Exchange Commission.
WisdomTree’s new ETF, the WisdomTree XRP fund, aims to provide investors with exposure to the price of XRP through issuing shares that will be listed on the Cboe BZX Exchange.