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International Business Times
International Business Times
Business
Marvie Basilan

WisdomTree Files For $XRP ETF In Delaware, Sends Token Price Higher

WisdomTree XRP ETF Delaware Gary Gensler SEC Donald Trump Bitcoin 21Shares altcoin
WisdomTree has filed for an $XRP ETF in Delaware. (Credit: Got Credit/flickr)

KEY POINTS

  • WisdomTree is joining Bitwise, Canary Capital, and 21Shares in the $XRP ETF brood
  • $XRP climbed above $1.50 at one point Monday night following the news
  • The altcoin used to be the world's second largest digital currency before the SEC's Ripple lawsuit

Global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor WisdomTree has filed with the state of Delaware for an XRP ETF, becoming one of the early movers.

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