SEC Reviews WisdomTree XRP Fund Listing Proposal
The U.S. SEC has officially begun reviewing WisdomTree’s proposal to launch an XRP-based fund on the Cboe BZX Exchange.
📌 Key Details:
The WisdomTree XRP Fund aims to track the spot price of XRP.
It will be valued daily using the CME CF Ripple-Dollar Reference Rate.
Holdings include only XRP, cash, and cash equivalents.
The SEC is now examining whether the proposal complies with Section 6(b)(5) of the Securities Exchange Act, which focuses on market integrity and investor protection.
🚨 No decision yet—but the public can submit comments during this period.
Could this be XRP’s ETF moment?
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