WisdomTree filed with the SEC to launch a spot ETF with XRP, joining Bitwise, 21Shares, and Canary Capital. This comes amid strong growth for XRP, which recently surpassed Tether to become the third-largest cryptocurrency by market capitalization with over $135 billion. The price of XRP has risen by 68% in a week, reaching $2.42. The filing coincides with potential changes in U.S. policy following Donald Trump's victory, which could accelerate the ETF approval process.
12/3/2024 3:38:52 PM (GMT+1)
WisdomTree filed for a spot ETF with XRP, which has a market capitalization of over $135 billion, joining Bitwise, 21Shares, and Canary Capital 💼
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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