WisdomTree Launches XRP ETP on Major European Exchanges
- bhoomisinghal0
- Nov 23, 2024
- 1 min read
Asset management firm Wisdomtree has launched its new cryptocurrency exchange-traded product (ETP), the Wisdomtree Physical XRP (XRPW), across major European exchanges, including Deutsche Börse Xetra, Six Swiss Exchange, and Euronext in Paris and Amsterdam. This new XRP ETP provides investors with a simple and secure way to gain exposure to XRP’s price, with a low management expense ratio of 0.50%. It’s fully backed by XRP, offering a direct link to its spot price. Wisdomtree’s structure ensures the underlying assets are safely stored using a dual-custody model with regulated custodians and cold storage.
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