XRP ETF Faces Significant Setback: A Full Account

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1 day ago

WisdomTree Withdraws XRP ETF Filing

Asset manager WisdomTree has formally withdrawn its S‑1 filing for a spot XRP exchange‑traded fund that was submitted in December 2024. The request was made under SEC Rule 477 and confirmed that no shares were issued or sold. The filing’s removal was presented as a voluntary strategic decision, not a response to regulatory objections.

Market Context and Strategic Considerations

The pull‑back arrives while other XRP ETFs remain active and continue to attract sizable inflows, indicating sustained institutional interest. Market analysts note that issuers often reassess launches amid heightened competition, fee pressure, and liquidity concerns. WisdomTree’s move reflects a cautious stance rather than a signal of waning demand.

Implications for XRP Investors

For XRP holders, the withdrawal does not affect the token’s regulatory status or existing ETF holdings, and it avoids any forced liquidation. The language used by WisdomTree leaves open the possibility of a future filing when conditions improve. Overall, the episode adds a temporary pause but does not derail the broader trajectory of XRP‑linked investment products.