ETF XRP Again Proposed WisdomTree, Good News For XRP Army!

JAKARTA - WisdomTree, the leading global asset manager who manages funds of more than US$100 billion (Rp1,580 trillion), has just submitted a request in Delaware state to launch XRP-based ETF products. This plan is a strong signal regarding the growing interest of institutions in digital asset investment products managed by Ripple, XRP.

This submission follows the launch of WisdomTree Physical XRP (XRPW) on several European exchanges, including the Börse Xetra, SIX Swiss Exchange, and Euronext Paris. The product is designed to provide low-cost and high-security XRP price exposure through physically supported structures. In Europe, XRPW is claimed to be the most competitive product for investors seeking access to XRP.

However, in the United States, the crypto market is facing regulatory constraints. Since the SEC sued Ripple Labs in 2020, XRP has been considered an unregistered securities. However, an important decision in July 2023 stated that XRP traded on public exchanges is not a security. This decision, although it is under appeal, has paved the way for innovation opportunities in the crypto investment sector.

This positive momentum was strengthened by expectations of regulatory changes after SEC chairman Gary Gensler announced plans for his resignation in January 2025. The election of Donald Trump as US President is expected to make changes to more friendly regulations in the crypto sector. Ripple CEO Brad Garlinghouse welcomes this optimism and views steps like ETF XRP as part of the integration of digital assets into traditional finance.

XRP-based ETFs, if approved by the SEC, are not only an important milestone in the crypto industry but can also expand institutional and retail investor access to this rapidly growing market. With this background, WisdomTree and other big players such as 21Shares are racing to bring innovation into the crypto investment sector in the US.