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Bitwise files Form S-1 for XRP ETF with SEC

  • Bitwise has submitted a Form S-1 filing for approval to launch an XRP ETF with the SEC.
  • Bitwise is the first company to officially apply for approval to issue an exchange-traded fund tracking the daily price of XRP.
  • The filing follows Bitwise's submission for an XRP ETF Trust in Delaware.
  • The SEC's decision on the appeal of the 2023 court ruling on the status of XRP will be interesting for the XRP ETF application.

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