ChainCatcher news, according to an S-1 document submitted to the U.S. Securities and Exchange Commission (SEC), WisdomTree has submitted an application for the WisdomTree XRP Fund to the SEC, which is an exchange-traded fund (ETF) that issues beneficial common stock, and will be listed on the Cboe BZX Exchange, Inc. with the stock code 'TICKER'.
The investment objective of the trust is to gain exposure to the price of XRP, minus the expenses and liabilities of the trust's operations. Bank of New York Mellon ('BNYM') serves as the trustee, fund accountant, and transfer agent for the trust.