
Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF).
What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency by market capitalization, and join a growing list of applications for crypto ETFs, which are reshaping institutional access to digital assets.