WisdomTree XRP ETF countdown begins as Federal Register publishes filing

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SEC gears up for an influx of public feedback on WisdomTree's latest crypto asset ETF proposal.

WisdomTree XRP ETF countdown begins as Federal Register publishes filing

Key Takeaways

  • WisdomTree has filed a spot XRP ETF proposal, now open for public comment for 21 days.
  • The SEC has up to 240 days to review the proposal and make a final decision by late October 2025.
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Today, the Federal Register published WisdomTree’s spot XRP ETF, beginning a 21-day public comment period before the SEC review process.

The regulator can extend the review by up to 90 days, with the entire process potentially lasting up to 240 days.

Under this timeline, a final decision on WisdomTree’s proposal could come by October 24.

During the public comment period, investors, financial institutions, and other stakeholders can provide feedback on the proposal’s feasibility and potential market impact.

The SEC will evaluate the proposal’s compliance with securities laws, market integrity, potential manipulation risks, and investor protections.

This publication follows similar filings from other asset managers, marking the fifth XRP ETF proposal to reach the Federal Register.

Previous publications include Grayscale on February 20, Bitwise on February 24, and both Canary XRP Trust and CoinShares XRP ETF on February 25.

This progress comes amid a shifting regulatory landscape in Washington.

The new SEC administration, led by Acting Chair Mark Uyeda, has shown a more open stance towards crypto ETFs, suspending enforcement actions against major exchanges and creating a Crypto Task Force to develop a framework for digital asset oversight.

While the filing’s publication is a crucial step forward, approval is not guaranteed.

The SEC will conduct a thorough review, considering factors such as market surveillance and investor protection.

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