WisdomTree Seeks SEC Approval for Spot XRP ETF
WisdomTree has taken a significant step toward launching an ETF tied to XRP, filing its proposal with the U.S. Securities and Exchange Commission (SEC) on Monday.
If approved, the WisdomTree XRP Fund would be listed on the Cboe BZX Exchange, though its ticker symbol has not yet been determined. The Bank of New York Mellon is set to serve as the fund’s administrator, according to the filing .
The fund aims to provide exposure to XRP’s market performance, accounting for operational expenses. As part of its preparation, WisdomTree registered an XRP-focused entity in Delaware on November 25. Several other firms, including Bitwise, 21Shares, and Canary Capital, have also sought approval for similar spot XRP ETFs.
However, the SEC has yet to greenlight such a product, largely due to its ongoing legal battle with Ripple Labs, which began in 2020. The agency accused Ripple of raising $1.3 billion through the sale of XRP, claiming the token was an unregistered security.
READ MORE:
AI Trading Bot Boosts Crypto Portfolio by Over 122,000%WisdomTree’s filing acknowledges potential risks for investors, highlighting that XRP’s classification as a security remains unresolved. The firm stated that the legal status of digital assets like XRP is both complex and unpredictable, with arguments existing on both sides of the classification debate. This uncertainty could significantly impact the fund’s prospects, depending on how regulators ultimately define XRP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Which targets are Wall Street short sellers eyeing? Goldman Sachs reveals the short-selling undercurrents amid the AI wave
Data shows that short selling in the US stock market has reached a five-year high. However, investors are not recklessly challenging AI giants; instead, they are targeting so-called "pseudo-beneficiaries"—companies that have surged on the AI concept but lack core competitiveness.
Aethir establishes DePIN computing leadership with enterprise-level growth: a new generation of computing infrastructure model driven by real revenue
Against the backdrop of surging global demand for AI infrastructure, traditional centralized cloud computing systems are gradually revealing their capacity bottlenecks and efficiency ceilings. With the rapid adoption of large model training, AI inference, and intelligent agent applications, GPUs are evolving from mere “computing resources” to “strategic infrastructure assets.” Amid this structural transformation of the market, Aethir, through its decentralized physical infrastructure network (DePIN) model, has built the industry’s largest and most commercially advanced enterprise-grade GPU computing network, quickly establishing a leading position in the sector. Commercialization breakthroughs in large-scale computing power infrastructure: To date, Aethir has deployed over 435,000 enterprise-grade GPU containers worldwide, supporting the latest NVIDIA hardware architectures such as H100, H200, B200, and B300, delivering a cumulative total of over 1.4 billion hours of real computing services to enterprise clients. In just the third quarter of 2025, Aethir achieved $39.8 million in revenue, pushing the platform’s annual recurring revenue (ARR) past $147 million. Aethir’s growth is driven by genuine enterprise demand—including AI inference services, model training, large AI agent platforms, and production workloads from global game publishers. This revenue structure marks the first time the DePIN sector has seen...
BlackRock’s Massive Bitcoin Sell-Off? Full Analysis of the Truth, Risks, and BTC Trends Through the End of 2025

Bitcoin Miners Turn to AI, but Revenues Lag Behind
