Editor's PiCK

WisdomTree submits Ripple (XRP) Spot ETF S-1 application to US SEC

Source
Minseung Kang

Summary

  • WisdomTree announced that it submitted a Ripple (XRP) Spot ETF S-1 application to the US SEC.
  • On this day, the price of XRP is trading at 2.3077 dollars, up 20% from the previous day.
  • WisdomTree has already applied for Ripple ETF listing in Delaware.

WisdomTree, a US asset management company, has submitted an S-1 (securities registration statement) application for a Ripple (XRP) Spot ETF to the US Securities and Exchange Commission (SEC). According to SEC documents on the 2nd, WisdomTree submitted the S-1 application for its Ripple Spot ETF, named 'WisdomTree XRP Fund'. Previously, WisdomTree applied for Ripple ETF listing in Delaware. The S-1 is a required document for a company to register securities with the SEC. The price of XRP is trading at 2.3077 dollars, up 20% from the previous day, based on the Binance USDT market at 20:20 on this day.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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