#Content Mining Asset management company Bitwise has submitted an application for an XRP exchange-traded fund (ETF) in Delaware. According to the documents, the XRP ETF is registered for September 30, 2024, with the trustee being CSC Delaware Trust Company located in Wilmington, Delaware. Ripple CEO Brad Garlinghouse previously stated that the launch of an XRP ETF is 'inevitable,' and this application provides institutional investors with the opportunity to access XRP through regulated investment vehicles, potentially further boosting liquidity and adoption of the token.
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#Content Mining Asset management company Bitwise has submitted an application for an XRP exchange-traded fund (ETF) in Delaware. According to the documents, the XRP ETF is registered for September 30, 2024, with the trustee being CSC Delaware Trust Company located in Wilmington, Delaware. Ripple CEO Brad Garlinghouse previously stated that the launch of an XRP ETF is 'inevitable,' and this application provides institutional investors with the opportunity to access XRP through regulated investment vehicles, potentially further boosting liquidity and adoption of the token.