SEC Commences Review of First U.S. XRP ETF Application

The Securities and Exchange Commission (SEC) has officially launched a review of WisdomTree’s application for a spot XRP exchange-traded fund (ETF), marking the first official SEC assessment of a U.S.-based XRP ETF. If approved, this groundbreaking product would be the first spot ETF in the United States. This ETF seeks to provide investors with exposure to XRP through traditional brokerage accounts, without the need for private keys or self-custody.