According to CoinWorld News, asset management companies Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree have submitted a revised S-1 filing for an XRP Spot ETF. The updated filing alters the structure of some funds, allowing for the creation of XRP or cash, and redemption in cash or physical assets, rather than just cash creation and redemption. "[These filings] are almost certainly a response to feedback from the SEC," said Bloomberg ETF analyst James Seyffart. "This is a good sign, but it is also largely expected."

XRP-5.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)