WisdomTree Files for Spot XRP ETF with SEC Following Bitwise and 21Shares
Coinbase affiliates will serve as the prime execution agent and XRP custodian for the fund.
Keep up with what's happening in the crypto world in real-time.
Coinbase affiliates will serve as the prime execution agent and XRP custodian for the fund.
Litecoin could be on the verge of a significant rally, following a pattern reminiscent of XRP's recent price movements.
WisdomTree has submitted a registration to the SEC for a spot XRP exchange-traded fund.
While Solana was at the forefront of the bull run last month, holders now appear to be looking elsewhere as the SOL price faces challenges and coins like XRP continue to rally. The post Is Solana in Trouble? SOL Price Turns Red with XRP Rally – Can SOL Reach $1,000 in December? appeared first on Cryptonews.
Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing for a spot XRP ETF with the SEC.
A truly remarkable rise, but not comparable to the sensational boom of 2017.
TL;DR WisdomTree has filed a Form S-1 registration statement with the U.S. SEC for a spot XRP ETF, marking its entry into the competitive field of XRP-based investment products.
WisdomTree has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF. The post WisdomTree Files an S-1 Registration with SEC for XRP ETF appeared first on Cryptonews.
Discover the three key scenarios to watch this week for Bitcoin, Ethereum, and Ripple in the crypto market.
With the cryptocurrency market gaining momentum, a startling forecast is creating a buzz: 80% of new crypto millionaires may arise in the upcoming four months. The current bull market, along with several innovative development in particular projects, is generating favorable opportunities for investors to take advantage of possible gains.
Ripple's XRP has seen its price skyrocket since Republican Donald Trump won the U.S. presidential election—setting up a 2025 to be a huge year for bitcoin and crypto.
The price of Ripple (XRP) has maintained its uptrend and reached a high of $1.95. The cryptocurrency is recovering from its downturn after breaking through the $1.00 and $1.40 resistance levels.
XRP has seen a remarkable surge, reaching highs of $2.50 in today's trading session, a level not seen since Jan. 8, 2018. This nearly seven-year high has captured the attention of the cryptocurrency community and the market alike.
Ripple (XRP) has skyrocketed to a six-year high of $2.49, climbing nearly 30% in the past 24 hours. This price surge is a major milestone for XRP, which has faced challenges maintaining consistent uptrends since Ripple's legal battle with the SEC began four years ago.
Last week, WisdomTree Digital Commodity Services, LLC, a subsidiary of a prominent New York-based asset management firm with over $113 billion in AUM, filed for an XRP exchange-traded fund (ETF) with Delaware authorities. Earlier today, the investment firm submitted to the Securities and Exchange Commission (SEC) the S-1 filing for the WisdomTree XRP Fund.
XRP has experienced an explosive rally, breaking through significant resistance levels and reaching its highest levels in almost seven years. However, with the market showing signs of overheating, a consolidation phase is anticipated in the near term.
Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.
Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.
Will XRP rally extend as whales position themselves for profit-taking?
The XRP bulls are up and envision a price surge to $20 in some cases.
WisdomTree's move could signal a shift in regulatory attitudes, potentially paving the way for broader acceptance of crypto ETFs. The post WisdomTree files Form S-1 for XRP ETF with SEC appeared first on Crypto Briefing.
WisdomTree has caught the eyes of investors today with its latest S-1 filing for XRP ETF Fund with the US SEC. Notably, this comes as XRP has noted a strong rally recently, surpassing the market cap of BNB and USDT.
XRP has propelled itself to the third-largest cryptocurrency by market capitalization, surpassing Solana (SOL) and Tether (USDT). On Monday, December 2, the Ripple-backed cryptocurrency surged more than 25% in just 24 hours, reaching $2.4 per token, with its market cap crossing $140 billion.
