Este artículo también está disponible en español. Crypto asset manager Bitwise has made a significant move by submitting an initial registration statement to the US Securities and Exchange Commission (SEC) on Wednesday for its spot XRP ETF. This action confirms the authenticity of its filing on September 30, following widespread speculation regarding the development. XRP…
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise. Bitwise Seeks SEC Approval…
ETF Analysts are weighing the prospect of XRP and SOL ETF approval. An administrative change might favor other crypto ETF products. Bloomberg analyst Eric Balchunas recently emphasized Donald Trump’s influence on the possible launch of XRP and Solana Exchange-Traded Fund (ETF) products in the US. Notably, Balchunas claims a potential XRP and Solana (SOL) ETF…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitwise Asset Management has taken a bold step in seeking approval for a spot XRP exchange-traded fund (ETF). According to its S-1 filing with the United States Securities and Exchange Commission (SEC), the proposed ETF would track the value of XRP, one of the largest cryptocurrencies by market capitalization….
Bitwise is in the preparation stage for an XRP ETF as its application has been found on the State of Delaware’s Division of Corporations’ website. Experts explain that this initial move does not make an official filing with the US Securities and Exchange Commission imminent. Renowned asset manager Bitwise has filed for a spot XRP…
The recent report that Grayscale Investments has launched an XRP Trust has ignited the hope that XRP ETF could be in the pipeline. Ripple’s boss, Brad Garlinghouse, has stated on multiple occasions that his company would welcome XRP ETF from any issuer. Crypto asset manager Grayscale Investments has announced the launch of US XRP Trust,…