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XRP Spot ETF advances further, with two major asset management giants' S-1 filings entering SEC review
【Crypto World】 Recent news, CoinShares and WisdomTree, two major asset management firms, have officially submitted S-1 registration documents to the US SEC for spot XRP ETFs. WisdomTree manages $139 billion in assets and plans to launch the XRP ETF under the ticker code XRPW.
What does this mean? Institutional investors’ attitude towards XRP is changing. From avoiding it to actively embracing it, this reflects the industry’s renewed recognition of XRP’s long-term value. Once these ETFs are approved, XRP can enter the traditional financial market as a compliant product, making buying and selling more convenient and lowering entry barriers.
This is a key step for XRP to integrate into the mainstream financial system. The SEC review process usually takes several months, but each S-1 filing submission signifies that digital assets are being taken more seriously by traditional finance.