Asset management firm Wisdomtree has launched a new institutional-grade exchange-traded product (ETP) called Wisdomtree Physical XRP (XRPW) on major European exchanges. The XRP ETP is backed by XRP and offers exposure to its spot price in a secure and cost-efficient manner. It is part of Wisdomtree's portfolio of nine cryptocurrency ETPs and is available in several European countries. Despite ongoing regulatory concerns around XRP, asset managers are actively pursuing the launch of XRP-focused ETFs and investment products, indicating growing investor interest in the cryptocurrency.



Other News from Today