According to BlockBeats, on December 2, market sources revealed that global ETF provider WisdomTree has submitted an S-1 registration document to the United States Securities and Exchange Commission (SEC) for an XRP Exchange-Traded Fund (ETF). This move marks a significant step in the financial sector as WisdomTree seeks to expand its offerings in the cryptocurrency market.
The filing of the S-1 registration is a crucial step in the process of launching an ETF, as it provides detailed information about the fund's structure, investment strategy, and potential risks to the SEC.
