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VisitHow will the Bitwise spot XRP ETF perform compared to Bitcoin and Ethereum ETFs by December 31, 2025?
Outperforms Bitcoin ETF • 25%
Outperforms Ethereum ETF • 25%
Performs similarly to both • 25%
Underperforms both • 25%
Performance reports from Bitwise and major financial news outlets
Bitwise Files First Ever Form S-1 for Spot XRP ETF with SEC
Oct 1, 2024, 10:54 PM
Bitwise, a prominent crypto asset manager, has officially filed for a spot XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The filing, confirmed by Bitwise's Chief Investment Officer Matt Hougan, marks the first step towards creating an ETF that would provide institutional investors with exposure to XRP. The registration was initially submitted to the Delaware Division of Corporations before being filed with the SEC on Wednesday morning. This move follows the approval of Bitcoin and Ethereum ETFs and signifies a significant step toward broader institutional adoption of XRP. Bitwise CEO Hunter Horsley stated, 'We believe blockchains will usher in new, apolitical monetary assets and permissionless applications for the 21st century.' The firm aims to help investors access emerging opportunities in the cryptocurrency space.
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Outperforms Bitcoin • 25%
Outperforms Ethereum • 25%
Outperforms both • 25%
Outperforms neither • 25%
Outperform S&P 500 • 25%
Underperform S&P 500 • 25%
Match S&P 500 • 25%
Other • 25%
AUM remains below $100 million • 25%
AUM reaches $100 million to $150 million • 25%
AUM reaches $150 million to $200 million • 25%
AUM exceeds $200 million • 25%
Approved • 33%
Rejected • 33%
Pending • 34%
Outperforms all • 25%
Performs similarly • 25%
Underperforms • 25%
Performance varies • 25%
Outperforms S&P 500 • 25%
Outperforms NASDAQ • 25%
Outperforms both S&P 500 and NASDAQ • 25%
Underperforms both S&P 500 and NASDAQ • 25%
BlackRock's $ETHA outperforms • 25%
Another major ETF outperforms • 25%
All perform similarly • 25%
None outperform significantly • 25%
No significant adoption • 25%
High adoption (>$1 billion in assets) • 25%
Moderate adoption ($500 million to $1 billion in assets) • 25%
Low adoption (<$500 million in assets) • 25%