Bitwise Files for Spot XRP ETF

Bitwise, a crypto index fund manager, has officially submitted a registration for a spot XRP ETF, aiming to provide investors with direct exposure to the XRP token.

This filing, made to Delaware's Department of State, comes amid ongoing legal tensions between the SEC and Ripple regarding the classification of XRP as an unregistered security.

Matthew Hougan, Bitwise's Chief Investment Officer, confirmed the registration, and more details are expected soon.

#XRP to #Moon soon!
📊 Bitwise Files for Spot XRP ETF 📈 Bitwise, a crypto index fund manager, has officially submitted a registration for a spot XRP ETF, aiming to provide investors with direct exposure to the XRP token. This filing, made to Delaware's Department of State, comes amid ongoing legal tensions between the SEC and Ripple regarding the classification of XRP as an unregistered security. 🧐 Matthew Hougan, Bitwise's Chief Investment Officer, confirmed the registration, and more details are expected soon. ⏳ #XRP to #Moon soon!
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