Asset manager Bitwise has reportedly filed a spot exchange-traded fund for Ripple (XRP), the seventh-largest crypto by market cap.
Bitwise’s XRP ETF application was filed on Sept. 30th in the state of Delaware, Fox Business journalist, Eleanor Terrett shared on X late Tuesday.
🚨SCOOP: Crypto asset manager @BitwiseInvest has filed in the state of Delaware for an $XRP ETF.
More details to come. Stay tuned. 😁 pic.twitter.com/2q7zDj7aYm
— Eleanor Terrett (@EleanorTerrett) October 1, 2024
At the time of writing, XRP was trading at $0.6068, with a 2.7% decrease over the last 24 hours.
This is a developing story
