Asset management firm Wisdomtree has launched a new cryptocurrency exchange-traded product (ETP), Wisdomtree Physical XRP (XRPW), which is now available on major European exchanges. The XRP ETP provides investors with a simple and secure way to gain exposure to the XRP price with a low management expense ratio of 0.5%. It is fully backed by XRP and offers a direct link to the spot price. Wisdomtree's structure ensures secure custody of the assets using a dual-custody model with regulated custodians and cold storage. The launch of this product aims to make it easier and more cost-effective for investors to access XRP. The XRP ETP is available in several European countries, and investors in the UK can also access Wisdomtree's physical Bitcoin and Ethereum ETPs.



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