Bitwise Submits Fourth Revised XRP ETF Application

Bitwise has submitted its fourth revision of the XRP exchange-traded fund (ETFs) application, according to Bloomberg analyst Eric Balchunas. Balchunas shared on X (formerly Twitter) that this update includes details about the platform where the ETF would be traded, the New York Stock Exchange, as well as a management fee rate of 0.34%. He highlighted that this revision is often a crucial step toward final approval for the application process.