CandleFocus XRP ETF Allegedly Filed by Bitwise
2024-10-01
Author: Content Editor
Bitwise, a leading crypto index fund manager, has reportedly filed for an XRP exchange-traded fund (ETF) in Delaware. The company has not confirmed the filing yet, but the news has generated speculation due to previous comments by Ripple CEO Brad Garlinghouse about the inevitability of an XRP ETF. While some have doubts about the legitimacy of the filing, citing a previous scam involving a fake filing for a BlackRock XRP ETF, the relaunch of Grayscale's XRP trust last month has led analysts to believe that an XRP ETF could be introduced in the future.
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