<ul><li>The U.S. Securities and Exchange Commission has reviewed the first spot XRP Exchange-Traded Fund (ETF) by WisdomTree, a major achievement for cryptocurrency investment products.</li><li>The ETF seeks to mirror the daily pricing of XRP and will be managed by Bank of New York Mellon, with shares set to trade on Nasdaq subject to standard brokerage fees.</li><li>WisdomTree's filing for the spot XRP ETF is part of the push for crypto-related financial products after the approval of spot Bitcoin and Ether ETFs in 2024.</li><li>Investors considering the XRP ETF should be aware of the high risks associated with XRP's volatility and regulatory uncertainties, as the SEC's final decision is pending and could extend into late 2025.</li></ul>

SEC Reviews First U.S. Spot XRP ETF by WisdomTree

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