CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-28 19:30:00

SEC Formally Begins Review of WisdomTree XRP Trust

The application was filed by the Cboe BZX Exchange ETF’s goal is to track the performance of XRP, which is measured by the CME CF Ripple-Dollar Reference Rate The SEC now has up to 240 days to approve or reject the application The US Securities and Exchange Commission (SEC) has officially initiated a review of the WisdomTree XRP Trust, a proposed spot ETF designed to provide investors with exposure to XRP without the need to hold the cryptocurrency directly. The Cboe BZX Exchange filed the application, and if it gets a green light, it would mark a notable achievement as the first spot XRP ETF in the US. ETF’s goal is to track the performance of XRP, which is measured by the CME CF Ripple-Dollar Reference Rate. The Trust’s assets will consist solely of XRP, cash, and cash equivalents, and it will value its shares daily at 4:00 PM ET using the same methodology as the Pricing Benchmark. In the context of cryptocurrencies, it refers to a reliable and transparent price data source used to measure the performance and value of digital assets. Regarding the shares, they will be sold or redeemed in blocks of 5,000 through cash transactions with authorize… The post SEC Formally Begins Review of WisdomTree XRP Trust appeared first on Coin Edition .

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine