Bitwise Amends XRP ETF Filing with NYSE Listing and 0.34% Management Fee
Bitwise Asset Management submitted an amended application for its XRP exchange-traded fund on November 1, adding New York Stock Exchange listing specifications and a 0.34% management fee. Bloomberg ETF analyst Eric Balchunas said the revisions represent the final administrative steps in the approval process. Industry observers expect SEC approval could drive institutional capital into XRP markets.