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SEC Kicks Off Review of WisdomTree’s XRP ETF—Crypto’s Latest Shot at Mainstream Legitimacy
SEC Kicks Off Review of WisdomTree’s XRP ETF—Crypto’s Latest Shot at Mainstream Legitimacy
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The SEC just opened the rulebook on WisdomTree’s proposed XRP ETF—another high-stakes gamble in crypto’s endless quest for Wall Street’s approval.
Why it matters: If approved, this could be the first U.S.-listed ETF tracking a crypto with active legal baggage (looking at you, Ripple). The SEC’s move doesn’t mean a green light—just that the paperwork shuffle begins.
Between the lines: WisdomTree’s playing the long game. They already launched a Bitcoin ETF earlier this year, and now they’re betting the SEC’s softening stance on crypto will stretch to XRP. Cynics might call this ‘hopium’—but hey, in finance, hope is just another tradable asset.
By:
http://thecryptobasic.com/2025/05/28/sec-formally-begins-review-of-wisdomtree-xrp-etf-proposal/?utm_source=rss&utm_medium=rss&utm_campaign=sec-formally-begins-review-of-wisdomtree-xrp-etf-proposal
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