beincrypto.com Open in urlscan Pro
2606:4700:4400::ac40:97fb  Public Scan

Submitted URL: https://link.mail.beehiiv.com/ss/c/u001.wGXGtXEspAO00C-0AjLlI7Cm4wLSg5QDCHUHr0iA2SXLMpSryLw_522E4IcyM8l2oe5ry25lpyvl7WVYieTdEp...
Effective URL: https://beincrypto.com/bitwise-files-xrp-etf-delaware/?utm_source=newsletters.beincrypto.com&utm_medium=newsletter&utm_...
Submission: On October 02 via api from HK — Scanned from DE

Form analysis 1 forms found in the DOM

GET https://beincrypto.com

<form class="hidden overflow-hidden lg:flex lg:gap-x-2 lg:w-0 lg:h-0" data-el="bic-search-header-form"
  data-analytics="{&quot;en&quot;: &quot;search&quot;, &quot;ec&quot;: &quot;web:desktop:search&quot;, &quot;el&quot;: &quot;main-header-search&quot;, &quot;ev&quot;: &quot;&quot;}" role="search" method="get" target="_top"
  action="https://beincrypto.com" novalidate="">
  <div class="bic-c-search md:ml-2.5 lg:flex-grow" data-el="bic-c-search">
    <div class="py-2 px-3.5 text-grey-600 bg-grey-100 border-transparent acfo:border-blue-600 flex items-center gap-x-2.5 rounded-md border focus-within:border-blue-600 focus-within:bg-white">
      <label class="mb-0" for="bic-c-search-b4ea147c-6877-44c9-8763-5b81b56c410a" aria-label="Search"><svg class="bic-svg-icon w-5 h-5" width="20" height="20" viewBox="0 0 20 20" fill="none" xmlns="http://www.w3.org/2000/svg">
          <path
            d="M18 17.0724L13.6311 12.7036C14.6972 11.4019 15.2208 9.74121 15.0936 8.06177C14.9665 6.38607 14.2034 4.81885 12.9541 3.69299C11.7085 2.56339 10.0739 1.95744 8.39071 2.00233C6.70749 2.04347 5.10656 2.7317 3.91709 3.92115C2.72762 5.10686 2.04311 6.70774 2.00197 8.39092C1.96082 10.0741 2.56678 11.7049 3.69266 12.9542C4.82229 14.1998 6.38581 14.9665 8.06154 15.0937C9.73728 15.2209 11.4018 14.6972 12.7035 13.6312L17.0724 18L18 17.0724ZM3.3261 8.56298C3.3261 7.17529 3.87969 5.84371 4.85969 4.85999C5.84344 3.87627 7.17505 3.32643 8.56277 3.32643C9.95049 3.32643 11.2821 3.88001 12.2658 4.85999C13.2496 5.84371 13.7994 7.17529 13.7994 8.56298C13.7994 9.95067 13.2458 11.2822 12.2658 12.266C11.2821 13.2497 9.95049 13.7995 8.56277 13.7995C7.17505 13.7995 5.84344 13.246 4.86343 12.2622C3.88343 11.2785 3.32984 9.95441 3.3261 8.56298Z"
            fill="currentColor"></path>
        </svg></label>
      <input class="p4 p4--ns placeholder:text-grey-600 text-dark-grey-700 peer w-full appearance-none border-none bg-transparent p-0 focus:border-none focus:outline-none focus:ring-0" id="bic-c-search-b4ea147c-6877-44c9-8763-5b81b56c410a" name="s"
        type="search" placeholder="">
      <button class="acfo:block peer hidden h-5 w-5 hover:block peer-focus:block" type="button" onclick="this.previousElementSibling.value='';this.previousElementSibling.focus()" aria-label="Clear">
        <svg class="bic-svg-icon w-4 h-4" xmlns="http://www.w3.org/2000/svg" fill="none" width="20" height="20" viewBox="0 0 20 20">
          <path fill="currentColor" fill-rule="evenodd"
            d="M15.8 5.14a.66.66 0 0 0 0-.95.68.68 0 0 0-.95 0L10 9.06 5.15 4.2a.68.68 0 0 0-.95 0 .66.66 0 0 0 0 .94L9.04 10 4.2 14.86a.66.66 0 0 0 0 .95c.27.26.7.25.96 0L10 10.94l4.85 4.85c.26.26.69.27.95 0a.66.66 0 0 0 0-.94L10.96 10l4.86-4.86Z"
            clip-rule="evenodd"></path>
        </svg> </button>
      <button class="min-w-5 bg-grey-400 text-3 h-5 w-5 rounded font-sans font-bold leading-5 text-white peer-focus:hidden" type="submit">/</button>
    </div>
  </div>
  <button data-el="bic-search-header-form-close" class="absolute block lg:static top-5 right-5" type="button" aria-label="Close search">
    <svg class="bic-svg-icon w-6 h-6 z-10 dark:text-dark-grey-700" xmlns="http://www.w3.org/2000/svg" fill="none" width="20" height="20" viewBox="0 0 20 20">
      <path fill="currentColor" fill-rule="evenodd"
        d="M15.8 5.14a.66.66 0 0 0 0-.95.68.68 0 0 0-.95 0L10 9.06 5.15 4.2a.68.68 0 0 0-.95 0 .66.66 0 0 0 0 .94L9.04 10 4.2 14.86a.66.66 0 0 0 0 .95c.27.26.7.25.96 0L10 10.94l4.85 4.85c.26.26.69.27.95 0a.66.66 0 0 0 0-.94L10.96 10l4.86-4.86Z"
        clip-rule="evenodd"></path>
    </svg> </button>
</form>

Text Content

We use cookies to improve your experience.

Accept

 * News
   
   * Opinion
   * Bitcoin
   * Altcoins
 * Rankings
   
   * Convert
   * Exchanges
   * Prices
 * Learn
 * Bonus Hunter
 * Advertise
 * Learn-to-Earn
 * Newsletters
 * Web3 Jobs

English
 * Español
 * Русский
 * Türkçe
 * 한국어
 * Tiếng Việt
 * Deutsch
 * Português
 * Français
 * Polski
 * Bahasa Indonesia
 * ภาษาไทย
 * اَلْعَرَبِيَّةُ
 * 日本語
 * Italiano
 * Dutch
 * Dansk
 * Suomi
 * Norsk
 * Svenska

UP TO $7000 BONUS
/
English
 * Español
 * Русский
 * Türkçe
 * 한국어
 * Tiếng Việt
 * Deutsch
 * Português
 * Français
 * Polski
 * Bahasa Indonesia
 * ภาษาไทย
 * اَلْعَرَبِيَّةُ
 * 日本語
 * Italiano
 * Dutch
 * Dansk
 * Suomi
 * Norsk
 * Svenska


No KYC crypto card
 1. Home/
 2. Markets /

News Report


BITWISE FILES FOR XRP ETF: ALL YOU NEED TO KNOW

2 mins
By Landon Manning
2 October 2024, 04:13 GMT+0000
Updated by Harsh Notariya
2 October 2024, 14:08 GMT+0000
Join our Trading Community on Telegram
Share on Twitter Share on Email Share on Linkedin Share on Google News


IN BRIEF

 * Bitwise surprises with an XRP ETF filing in Delaware, confirmed by a
   spokesperson.
 * The US SEC's response to Bitwise's XRP ETF filing remains uncertain.
 * Ripple CEO remains optimistic about XRP ETFs being approved in the future.
 * promo
   
   Earn up to 0.05 BTC per month with free YouHodler cloud miner.Start mining
   
   



Bitwise has applied for an XRP ETF in the state of Delaware. An anonymous
spokesperson apparently confirmed on Tuesday that the application is genuine.

An XRP ETF is just one of several ETF-related ventures Bitwise has started
recently.


A SURPRISE FILING

Sponsored


Sponsored

Bitwise Asset Management has applied for an entity named Bitwise XRP ETF in the
state of Delaware. According to the filing, publicly available on the Delaware
Department of State website, Bitwise filed this ETF on September 30. The
registered agent for this filing was CSC Delaware Trust Company, which provides
compliance services for legal and corporate endeavors.

> “Bitwise positioning to file for XRP ETF is highly noteworthy IMO. Bitwise is
> highly credible crypto-native fund firm that doesn’t just throw stuff at wall.
> That’s simply not in their DNA. This is strategic,” Nate Geraci, the President
> of the ETF store, said.

Read More: XRP ETF Explained: What It Is and How It Works

Bitwise’s XRP ETF Application. Source: Delaware Department of State

This agent’s website claims that Delaware is the preferred location for a
variety of corporate filings due to its reputation for business-friendly tax and
regulation. In fact, BlackRock filed its Ethereum ETF in Delaware less than one
year ago. This location suggests Bitwise is making a genuine effort despite the
difficulty of winning regulatory approval.

Later on Wednesday, Bitwise officially announced that it had filed a
registration statement with the US SEC for the Bitwise XRP exchange-traded
product (ETP).

> “The launch of the Bitwise XRP ETP is pending effectiveness of the Form S-1 as
> well as approval of a Form 19b-4 filing,” Bitwise stated.

Sponsored

Earn up to 0.05 BTC per month with free YouHodler cloud miner with 3 easy steps:

 * Create account on YouHodler: the basic miner level offers rewards for simply
   signing up
 * Mine Bitcoin without CPU usager: Youhodler Cloud Miner operates without using
   any computing power from your device
 * Play and earn real Bitcoin: the gamified approach of Cloud Miner makes mining
   enjoyable

Start mining
Sponsored

The XRP ETF has its supporters, but generally, it is not viewed as the most
likely cryptoasset to become the third US ETF.

Read More: How To Buy XRP and Everything You Need To Know

Still, this bold move is very in character for Bitwise. Chief Investment Officer
Matt Hougan made publicly bullish statements on new ETF approvals just two weeks
ago, and Bitwise acquired a European crypto ETP issuer in August.

A new project like this would fit right in. Ripple’s executives, too, are
bullish that the SEC will eventually give an XRP ETF the green light.

> “I think it’s just a matter of time, and it’s inevitable there’s gonna be an
> XRP ETF, there’s gonna be a Solana ETF, there’s gonna be a Cardano ETF, and
> that’s great,” Ripple CEO Brad Garlinghouse stated.

Best crypto platforms in Europe | October 2024
YouHodler Explore
Wirex App Explore
Coinbase Explore
BYDFi Explore
Exodus Explore
Best crypto platforms in Europe | October 2024
YouHodler Explore
Wirex App Explore
Coinbase Explore
BYDFi Explore
Exodus Explore
Best crypto platforms in Europe | October 2024
YouHodler
 * 

Wirex App
 * 

Coinbase
 * 

BYDFi
 * 

Exodus
 * 


TRUSTED

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to
unbiased, transparent reporting. This news article aims to provide accurate,
timely information. However, readers are advised to verify facts independently
and consult with a professional before making any decisions based on this
content. Please note that our Terms and Conditions, Privacy Policy,
and Disclaimers have been updated.

Share on Twitter Share on Email Share on Linkedin Share on Google News
Sponsored

Sponsored
Landon Manning
READ FULL BIO
Landon Manning is a journalist at BeInCrypto, covering a wide range of topics,
including international regulation, blockchain technology, market analysis, and
Bitcoin. Previously, Landon spent six years as a writer with Bitcoin Magazine
and co-authored a Bitcoin maximalist newsletter with 30,000 subscribers. Landon
holds a Bachelor of Arts in Philosophy from Sewanee: The University of the
South.
Landon Manning is a journalist at BeInCrypto, covering a wide range of topics,
including international regulation, blockchain technology, market analysis, and
Bitcoin. Previously, Landon spent six years as a writer with Bitcoin Magazine
and co-authored a Bitcoin maximalist newsletter with 30,000 subscribers. Landon
holds a Bachelor of Arts in Philosophy from Sewanee: The University of the
South.
READ FULL BIO
Sponsored

Sponsored
RELATED NEWS
Markets Analysis
Wormhole (W) Price Climbs By 25% Following  Debut on South Korean Exchange
2 mins
55 mins ago
Markets Analysis
Worldcoin (WLD) Price Drops, with FTX Sale Set to Increase Pressure
3 mins
2 hours ago
Markets Analysis
Monero (XRM) Price Faces 7% Drop After Kraken’s Delisting in Europe: What’s Next
3 mins
3 hours ago
Markets News Report
Franklin Templeton’s Onchain Money Market Fund Launches on Aptos
2 mins
3 hours ago
Markets Analysis
Toncoin (TON) Struggles to Stay Afloat as $4 Target Looms
2 mins
4 hours ago
Best crypto platforms in Europe | October 2024
YouHodler Explore
Wirex App Explore
Coinbase Explore
BYDFi Explore
Exodus Explore
Best crypto platforms in Europe | October 2024
YouHodler Explore
Wirex App Explore
Coinbase Explore
BYDFi Explore
Exodus Explore
Best crypto platforms in Europe | October 2024
YouHodler
 * 

Wirex App
 * 

Coinbase
 * 

BYDFi
 * 

Exodus
 * 

Most Read
Wirex Launches 2024 Rising Women in Crypto Awards In Partnership with BeInCrypto
2 mins
BlackRock Bitcoin Stash Nears 370,000 BTC, Closes In on Binance
2 mins 5 days ago
Spending Crypto with Ease: Fastex’s Meri Mirijanyan on Everyday Transactions
with the Fastex Card
5 mins
Bitcoin, Ethereum ETFs Hit Multi-Week Highs Amid Crypto Recovery
2 mins 4 days ago
4 Altcoins That Could Hit New All-Time Highs in October
4 mins 5 days ago
3 Bullish Altcoins Predicted to Outperform Bitcoin in October 2024
3 mins 4 days ago

Want to know more?
Join our Telegram Group and get trading signals, a free trading course and daily
communication with crypto fans!

Join Our Telegram

Sponsored


Sponsored

Stay up to date on crypto


JOIN OUR NEWSLETTER

Subscribe


 * COMPANY
   
   About UsOur AuthorsCareers 🚀Our Team


 * PRODUCTS
   
   NewsCryptocurrenciesExchangesLearnNewslettersNEW


 * RESOURCES
   
   AdvertiseRemote JobsContactThe Trust ProjectVerification Methodology

© 2024 BeInNews Academy.
 * Terms
 * Privacy
 * Disclaimer



Limited Newbie Offer. First come, first served! Get 100 USDT Newbie bonus on
CoinEx!

Register now!

Limited Newbie Offer. First come, first served! Get 100 USDT Newbie bonus on
CoinEx! Register now!