New XRP Move Comes from WisdomTree, Which Manages $100 Billion!
WisdomTree has announced that its XRP-based exchange-traded product (ETP), Wisdomtree Physical XRP (XRPW), has been listed on major European exchanges.
Yesterday evening, SEC Chairman Gary Gensler announced that he would resign, and the XRP price experienced a huge increase.
XRP rose as high as $1.43, marking its highest price levels since May 2021.
While analysts noted that the news that cryptocurrency supporter Paul Atkins will replace Gensler as SEC Chairman could further fuel the XRP rally, WisdomTree made the XRP move.
Leading asset manager WisdomTree has announced the listing of its XRP ETP on major European exchanges.
Asset manager WisdomTree has announced that its XRP-based exchange-traded product (ETP), Wisdomtree Physical XRP (XRPW), has been listed on major European exchanges.
In its statement, Wisdomtree said that this ETP provides exposure to the XRP spot price for institutional investors.
“The Wisdomtree Physical XRP ETP is designed to offer investors a simple, secure and cost-effective way to gain exposure to the XRP price.
Investors also benefit from a dual custody model where regulated custodians and underlying assets are professionally secured in cold storage.”
It was stated that the major European stock exchanges include Deutsche Börse Xetra, SIX Swiss Exchange and Euronext Paris and Euronext Amsterdam.
It was also stated that the management fee for XRPW was set at 0.5%.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
【BGB Ecosystem Fest】Celebrating the 20,000-Member Milestone of the BGB Holders Community!
PayPal Adds SOL and LINK for U.S. Customers
PayPal now supports Solana (SOL) and Chainlink (LINK) for U.S. users, marking a big step forward for crypto adoption.More Crypto Choices on PayPalWhy This Matters for the MarketA Bullish Signal for Crypto

Fidelity Unveils No-Fee Crypto IRA for U.S. Investors
Fidelity introduces a no-fee crypto IRA, enabling U.S. adults to invest in BTC, ETH, and LTC with secure cold storage custody.Secure Storage and Trusted CustodyEasy Access and Tax Benefits

Can BlockDAG Hit $1? Viral Keynote 3 & 10 CEX Listings Make a Strong Case
BlockDAG’s hybrid DAG + PoW model, 800K+ mobile miners, & $5M raised in 48 hours put it on track for $1. With DeFi features ready & 10 CEXs lined up, BDAG is the Layer 1 to keep an eye on.Hybrid DAG + PoW Architecture Offers Performance With SecurityWith $0.0248 Entry Point, a $1 Target Is Within RangeMaking Mining Accessible to EveryoneThis is a Key Accumulation Phase

Trending news
MoreCrypto prices
More








