BREAKING: SEC Rejects WisdomTree’s Spot $XRP XRP ETF

Signal Node
Dec 3
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The U.S. Securities and Exchange Commission (SEC) has officially rejected WisdomTree’s application for a spot XRP ETF. The fund, which was proposed to be listed on the Cboe BZX Exchange with the Bank of New York Mellon as its administrator, has failed to gain regulatory approval. This marks yet another instance of the SEC’s skepticism toward cryptocurrency spot ETFs.
