The Securities and Exchange Commission (SEC) of the US has begun looking into the WisdomTree XRP Trust. XRP Trust is a new financial product that lets people invest in XRP without actually owning it.
If the SEC says yes to the WisdomTree XRP Trust, investors can buy shares on the Cboe BZX Exchange that follow XRP’s price, and the investors will no longer need to deal with the tricky parts of owning crypto, like managing private keys or storing it themselves. Other companies, like Bitwise, Canary Capital, and 21Shares, have also tried to create similar XRP products.
These initiatives by different firms highlight that more people are interested in XRP, even though Ripple, the company behind XRP, has had legal battles with the SEC. WisdomTree, which is already active in crypto, wants to make it easier and safer for people to invest in XRP through this regulated product.
According to the filing by the SEC, it has 240 days to decide if it will allow the WisdomTree XRP Trust or not, which means a decision could come by late January 2026. During this time, they will ask the public for their opinions.
This review hints that the SEC might be more open to crypto ETFs now, especially since they have already approved ones for Bitcoin and Ethereum. But there’s still a debate about whether XRP is a security, with Ripple’s legal head saying it shouldn’t be classified that way.
The crypto world is paying close attention, as this ETF could make it easier for other altcoins to get exchange-traded funds too. The move will change how people invest in digital currencies.
Also Read: Ripple XRP vs SEC Update: Ripple Replies to Commissioner Peirce
