Bitwise files for potential XRP ETF trust

Bitwise has filed to establish a trust for a potential XRP exchange-traded fund (ETF) with the Delaware Division of Corporations, according to Crypto Briefing. While no official documentation has appeared in the U.S. SEC’s database, this step mirrors other crypto ETF filings. An XRP ETF could face regulatory challenges, as the SEC has only recently approved Bitcoin and Ethereum ETFs. This move follows Grayscale’s introduction of an XRP trust for accredited investors in September.