Wisdomtree Launches Wisdomtree Physical XRP ETP on Major European Exchanges
Asset manager Wisdomtree announced Thursday the launch of its latest cryptocurrency exchange-traded product (ETP), Wisdomtree Physical XRP (XRPW), on major European exchanges, including Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext in Paris and Amsterdam.
The asset manager said its XRP ETP, with a management expense ratio of 0.50%, is the most competitively priced XRP product in Europe. Wisdomtree explained that the product is fully backed by XRP, providing exposure to its spot price through an institutional-grade physical backing structure.
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