CandleFocus WisdomTree Europe Launches XRP Exchange-Traded Product (ETP)
2024-11-22
Author: Content Editor
WisdomTree's European division has introduced a new exchange-traded product (ETP) based on XRP. The product is currently available in Germany, Switzerland, France, and the Netherlands, resulting in a slight increase in XRP's price. While the possibility of an official XRP ETF is growing, WisdomTree is using the ETP offering to address investor demand. WisdomTree has previously gained market access for ETPs based on Bitcoin and Ethereum in the UK. However, even if the US approves an XRP ETF, it may not benefit WisdomTree's European branch.
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