Bitwise has filed to create an XRP ETF in Delaware, seeking to expand its crypto products. This could be a long process involving the SEC. 🧐
- Grayscale recently launched an XRP fund for accredited investors.
- The SEC considers most cryptocurrencies securities and requires them to be registered.
- Ripple partially won its case against the SEC, but was fined $125 million.
The future of the XRP ETF remains uncertain.