Bitwise has filed for an XRP ETF following the recent approvals for Bitcoin and Ethereum ETFs. The company is seeking to launch an exchange-traded fund for XRP, a popular cryptocurrency. This move comes after the Securities and Exchange Commission (SEC) approved Bitcoin and Ethereum ETFs, opening up new opportunities for investors to trade in these digital assets through traditional financial markets. Bitwise’s filing for an XRP ETF signals their confidence in the potential of XRP and the growing acceptance of cryptocurrencies in the mainstream financial sector.
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