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Wisdomtree Launches Wisdomtree Physical XRP ETP on Major European Exchanges

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2024-11-22 01:40:57
Asset manager Wisdomtree on Thursday announced the launch of its newest cryptocurrency exchange-traded product (ETP), Wisdomtree Physical XRP (XRPW), on major European exchanges, including Deutsche Bo ̈ rse Xetra, six major Swiss exchanges, and Euronext in Paris and Amsterdam.
The asset manager says its XRP ETP has a management fee ratio of 0.50%, making it the most competitively priced XRP product in Europe. Wisdomtree explains that the product is fully backed by XRP, providing risk exposure to its spot price through an institutional-grade physical support structure.
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