WisdomTree, a big company that looks after lots of money, has asked for permission to create something special called an ETF. This ETF would be focused on something called XRP. If they get permission, it would let lots of big investors buy and sell XRP more easily. This would help them make more money.
Other companies are also trying to do the same thing. This is exciting for people who like investing in things like XRP because it means they could have more ways to make money. But there are some problems. The people who make the rules about investing aren’t sure if they should let WisdomTree do this.
There’s a lot of arguing going on right now, and it’s not clear what will happen. Even though there are some problems, WisdomTree and other companies are still hopeful that they will be allowed to create these ETFs. They think that lots of people will want to invest in them, and they want to be ready when the rules change.
Source
<p>The post WisdomTree Files for XRP ETF in Delaware, Amid Regulatory Hurdles and Institutional Demand first appeared on CoinBuzzFeed.</p>
