dated<\/a> 6 January, the trust wrote that, \u201cpursuant to Rule 477 of Regulation C under the Securities Act of 1933, as amended (the \u2018Securities Act\u2019), WisdomTree XRP Fund hereby requests that the Securities and Exchange Commission consent to the withdrawal of the Trust\u2019s Registration Statement on Form S\u20111.\u201d\u200b<\/p>\n <\/p>\n
The firm added that \u201cit has determined not to proceed at this time,\u201d and asked the SEC to withdraw all related exhibits and amendments tied to its original December 2024 filing. No shares were sold under the registration, meaning the product never reached the market despite months of engagement with regulators and exchange partners.\u200b<\/p>\n
Competitive XRP ETF landscape<\/h2>\n
The abandoned product was designed to give investors regulated exposure to Ripple\u2019s native token via shares listed on Cboe BZX, mirroring the structure used by WisdomTree\u2019s earlier Bitcoin ETF. Instead, the issuer now exits a field where Grayscale, Canary, Franklin Templeton and Bitwise are already fighting for flows and liquidity in a narrow but aggressively contested niche. In recent months, the SEC repeatedly pushed back decisions on XRP (XRP) filings, forcing would\u2011be sponsors to navigate shifting timelines and rising legal and operational costs.\u200b<\/p>\n
Analysts describe XRP ETFs as a \u201cthird path\u201d beyond Bitcoin and Ethereum: a way for asset managers to differentiate without straying into thinly traded long\u2011tail tokens. That differentiation comes with risk; issuers must invest heavily in distribution and spreads to stand out in a sector that, while growing, still sits far behind the liquidity profile of BTC and ETH vehicles.\u200b<\/p>\n
Inflows defy the retreat<\/h2>\n
WisdomTree\u2019s withdrawal contrasts sharply with the cash torrent hitting live XRP products. Spot XRP ETFs in the US have amassed more than\u00a0$1.25 billion\u00a0in cumulative net inflows within weeks of launch, pushing total net assets to roughly\u00a0$1.62 billion, according to SoSoValue data cited by multiple venues. On 6 January alone, XRP spot ETFs recorded\u00a0$19.12 million\u00a0in net inflows, extending a streak with no material outflow days.\u200b<\/p>\n
Franklin\u2019s XRPZ led that latest session with\u00a0$7.35 million\u00a0of fresh capital, followed by\u00a0$6.49 million\u00a0into Canary\u2019s XRPC and\u00a0$3.54 million\u00a0into Bitwise\u2019s XRP fund. Earlier reports show weekly inflows above\u00a0$40 million, even as short\u2011term price action remains choppy and traders fade rallies in the underlying token.\u200b<\/p>\n
XRP\u2019s broader market backdrop<\/h2>\n
Despite the ETF bid, XRP still trades well below its 2025 peak, echoing patterns seen in Bitcoin and Ethereum after their own spot ETF debuts. Quant traders expect XRP\u2019s trajectory to \u201cbroadly resemble\u201d those earlier cycles, with phases of intense inflows followed by consolidation as speculative excess washes out. At the same time, XRP\u2019s pitch as a payments and treasury asset keeps institutional interest alive, especially among investors seeking diversification from BTC\u2011 and ETH\u2011heavy portfolios.\u200b<\/p>\n
That tension\u2014booming ETF demand versus cautious price action\u2014frames WisdomTree\u2019s decision in a harsher light. In a market where capital is clearly flowing but market share is concentrating around a handful of first movers, walking away \u201cfor now\u201d may be less about XRP\u2019s prospects and more about an issuer deciding it is late to a game that has already found its leaders.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
WisdomTree scraps its XRP ETF plan just as spot XRP funds rack up $1.25b inflows and consolidate around a few aggressive first movers. Summary WisdomTree pulled its XRP ETF S\u20111,…<\/p>\n","protected":false},"author":1,"featured_media":3098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=19372"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19372\/revisions"}],"predecessor-version":[{"id":19373,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19372\/revisions\/19373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3098"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}