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WisdomTree Launches Europe’s Cheapest XRP ETP Across Major Exchanges

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By on November 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post WisdomTree Launches Europe’s Cheapest XRP ETP Across Major Exchanges appeared first on Coinpedia Fintech News

WisdomTree, a leading asset management firm, has launched its latest cryptocurrency exchange-traded product (ETP), the WisdomTree Physical XRP (XRPW), on major European exchanges, including Deutsche Börse Xetra, Six Swiss Exchange, and Euronext. With a competitive management expense ratio of 0.50%, this ETP offers one of Europe’s most cost-efficient options for XRP exposure. The product is fully backed by XRP, providing investors direct access to its spot price through a secure, institutional-grade structure. WisdomTree emphasized simplicity and security, highlighting a dual-custody model with regulated custodians and cold storage for underlying assets. This launch aims to provide a cost-effective and safe way for investors to engage with XRP.

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