#XRPETF

Bitwise XRP ETF

Bitwise Asset Management filed for a spot XRP ETF in October 2024, seeking to offer direct exposure to XRP without requiring investors to hold the token themselves. The SEC acknowledged the filing in February 2025, initiating a review process that includes a 21-day public comment period and a potential 240-day decision window. The ETF would utilize the CME CF Ripple-Dollar Reference Rate for pricing, with BNY Mellon as administrator and Coinbase Custody as custodian.