news 
WisdomTree XRP ETF Countdown Begins As Federal Register Publishes Filing
Today marks the beginning of the public comment period for WisdomTree’s spot XRP ETF proposal, which has been published in the Federal Register. This 21-day window is a crucial step before the SEC review process, and it allows investors, financial institutions, and other stakeholders to provide feedback on the proposal’s feasibility and potential market impact.
The Securities and Exchange Commission (SEC) will now conduct an extensive review of WisdomTree’s application, carefully evaluating its compliance with securities laws, market integrity, potential manipulation risks, and investor protections. This process can potentially last up to 240 days, with a final decision expected by late October 2025.
WisdomTree joins other asset managers in submitting XRP ETF proposals to the Federal Register, marking the fifth such filing in recent weeks. Grayscale filed on February 20, followed by Bitwise on February 24 and Canary XRP Trust and CoinShares XRP ETF on February 25.
The move comes amid a shift in regulatory stance from the SEC. The new administration, led by Acting Chair Mark Uyeda, has demonstrated a more open approach to crypto ETFs, temporarily suspending enforcement actions against major exchanges and establishing a Crypto Task Force to develop a framework for digital asset oversight.
While the publication of WisdomTree’s proposal is a significant step forward, approval is not guaranteed. The SEC will meticulously examine each aspect of the application, considering factors such as market surveillance and investor protection.
It remains to be seen how the WisdomTree XRP ETF proposal will unfold, but one thing is clear – the regulatory landscape is evolving rapidly.
Source: https://cryptobriefing.com/wisdomtree-xrp-etf-filing-starts/
