PANews reported on November 22 that global asset management company WisdomTree Investments has announced the launch of the exchange-traded product WisdomTree Physical XRP ETP (XRPW), which will be listed on multiple European exchanges, including Deutsche Börse Xetra, SIX Swiss Exchange, and the pan-European exchange. The current management fee rate for this ETP is 0.50%.
It is reported that this product from WisdomTree will be 100% supported by spot XRP, with assets held in a cold wallet and adopting a dual custody model, managed by regulated custodians. Currently, WisdomTree's portfolio has expanded to nine types of cryptocurrency ETPs, covering Bitcoin, Solana, Ethereum, and others.
