WisdomTree, a $100 billion asset management fund, has just registered to establish a Ripple Spot ETF in the state of Delaware, becoming the fourth name after Bitwise, Canary, and 21Shares.
This is the starting step in the ETF establishment process in the US. After completing this registration, WisdomTree can continue to submit applications to the SEC to seek permission to launch the Ripple Spot ETF.