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XRP ETP Launches on Three European Exchanges Amid Growing Institutional Interest

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By on November 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post XRP ETP Launches on Three European Exchanges Amid Growing Institutional Interest appeared first on Coinpedia Fintech News

A new exchange-traded product (ETP) for XRP, dubbed WisdomTree Physical XRP (XRPW), has officially launched across three major European exchanges, Six Swiss Exchange, Euronext, and Deutsche Börse Xetra. The ETP provides secure, physically backed exposure to XRP with a competitive management fee of 0.5%. Backed by XRP tokens stored with regulated custodians, the product offers a reliable investment option for crypto enthusiasts. This launch reflects a growing institutional interest in XRP, aligning with similar moves from Grayscale and 21Shares to expand XRP-related investment opportunities.

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