WisdomTree is applying to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) called WisdomTree XRP Fund. The fund aims to be listed on the Cboe BZX exchange with the ticker symbol "TICKER". The investment objective of this ETF is to gain exposure to the price of XRP while deducting the fees and liabilities associated with trust operations. Bank of New York Mellon will serve as the trustee, fund accountant, and transfer agent for this trust. This initiative may provide investors with another way to access the cryptocurrency market and reflects the continued interest of traditional financial institutions in crypto assets. 📈