Global asset manager WisdomTree to launch XRP ETP on European exchanges
2024-11-22 09:07:33
Global assets management company wisdomtree investments announcement launchdesk3cryptocurrencydesktopCrypto News
Global asset manager WisdomTree Investments has announced the launch of its exchange-traded WisdomTree Physical XRP ETP (XRPW), which will be listed on several European exchanges, including Deutsche Börse Xetra, SIX Swiss Exchange, and Euronext. The ETP management fee is currently 0.50%. It is reported that the WisdomTree product will be backed by 100 spot XRP, and the assets will be stored in cold wallets and will use a dual custody model, managed by a regulated custodian. The WisdomTree portfolio has been expanded to nine cryptocurrency ETPs, including Bitcoin, Solana, Ethereum, etc.
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