BREAKING: BitWise's XRP ETF Final Form Filed
Analysis
Price Impact
HighThe filing of a spot xrp etf by a reputable firm like bitwise, with coinbase as custodian, is a significant step towards institutional adoption. this could unlock substantial capital for xrp, similar to the impact seen with bitcoin etfs.
Trustworthiness
HighThe news cites an official form 8-a filing by bitwise, a known asset manager, and mentions coinbase as the custodian. this is based on verifiable regulatory actions, although the final sec approval for launch is still pending.
Price Direction
BullishA spot etf would provide a regulated and accessible investment vehicle for institutions, significantly increasing demand and liquidity for xrp. this increased legitimacy and ease of access are strong bullish catalysts.
Time Effect
ShortThe market typically reacts quickly to news of etf filings and potential launches, leading to immediate price movements as traders anticipate future institutional inflows. while full effects can be longer-term, the initial impact is often swift.
Original Article:
Article Content:
Cover image via www.freepik.com Read U.TODAY on Google News On Wednesday, November 19, Bitwise officially submitted its Form 8-A for the spot XRP ETF after much anticipation from the XRP community. Advertisement The filings, which have once again put XRP in the spotlight, will see the investment product launch sooner than usual with the ticker “XRP.” Bitwise Spot XRP ETF may launch tomorrow While the application aligns with necessary regulations implemented by the SEC, it is expected to launch tomorrow or later today and will be listed for trading on the NYSE. HOT Stories BREAKING: BitWise's XRP ETF Final Form Filed 'Never Back Down': Strategy's Saylor Reacts to 30% Bitcoin Price Plunge Morning Crypto Report: XRP Briefly Hits Abnormal $90 on Kraken, Coinbase Whale Absorbs 272,556,924,649 SHIB, Bitcoin in Bull Mode Above $87,600: Bollinger Bands Ripple CEO: What’s Next for XRPL? The announcement, which was shared by renowned media personnel Zach Rector, further reveals that leading U.S.-based crypto exchange Coinbase has been signed to be the custodian of the product. Advertisement You Might Also Like Wed, 11/19/2025 - 14:05 Top XRP Trader Sells Everything After Just One Day, Here's Reason By Gamza Khanzadaev Although the NYSE has yet to release a final announcement on the filings, the XRP community predicts this might be the biggest launch of XRP on Wall Street so far. According to the disclosed SEC paperwork, the proposed fund has been formally named the Bitwise XRP ETF, incorporated in Delaware and headquartered at Bitwise’s San Francisco office. While it is still pending the SEC’s final approval, the Bitwise spot XRP ETF has everything it needs in place to launch as soon as possible. #Spot XRP ETF #Bitwise #XRP