Bitwise Files to Create XRP Cryptocurrency ETF
Bitwise Asset Management has filed an application for a U.S.-based exchange-traded fund based on the price of XRP, the world's seventh largest cryptocurrency by market value. The Bitwise XRP ETP will directly hold XRP, according to Bitwise's S-1 registration statement to the Securities and Exchange Commission on Wednesday.
Crypto Asset Manager Bitwise Files for XRP ETP With Securities Regulator
(Reuters) - Crypto asset manager Bitwise has filed an initial registration statement with the U.S. SEC for an exchange-traded product for XRP tokens, as it seeks to introduce more crypto products after a landmark regulatory decision to approve spot bitcoin ETF earlier this year.
Crypto asset manager Bitwise has officially filed for the first spot XRP ETF with the US Securities and Exchange Commission.
Bitwise has filed an S-1 with the SEC for an XRP ETF, marking a significant expansion in its crypto offerings.
This story has been updated to include a response from a Bitwise spokesperson. In a groundbreaking move, cryptocurrency index ...
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