WisdomTree Withdraws Spot XRP ETF Registration

According to PANews, WisdomTree has officially withdrawn its registration application for a proposed spot XRP ETF. In a filing submitted on Tuesday, the company stated that it has decided not to proceed with the product's issuance at this time and requested the SEC to withdraw the registration statement along with all accompanying exhibits and amendments. Previously, WisdomTree had submitted the S-1 registration documents related to the spot XRP ETF to the U.S. Securities and Exchange Commission in December 2024.