WisdomTree Withdraws S-1 Filing for Spot XRP ETF

Coinfomania
XRP-0,58%

Reports circulating on X suggest that WisdomTree has withdrawn its filing for a spot XRP exchange-traded fund. The update came from the X account @BankXRP. Which shared screenshots of what appears to be a withdrawal request sent to the U.S. Securities and Exchange Commission.

According to that post, WisdomTree asked the SEC to allow it to withdraw its S-1 registration for the “WisdomTree XRP Fund.” The filing was first submitted in December 2024. The document also states that no shares were sold. Also, the company decided not to move forward “at this time.”

As of now, WisdomTree has not made a public announcement confirming or denying the report. That has left room for debate across the crypto community.

What the Reported Filing Says

The letter shared on X is a formal request under SEC Rule 477. In simple terms, that rule allows companies to pull a registration. If they decide to stop an offering before it begins. The document says WisdomTree chose not to proceed with the XRP ETF. It confirmed that no investors bought into it

If accurate, this means the ETF will not launch. Still it is important to note that this information comes from a social media post. There has been no direct confirmation from the SEC website or from WisdomTree itself as of January 7.

XRP Community Reactions

Some users on X quickly pushed back on the claim. Others asked for an official SEC link or a statement from WisdomTree. This reaction makes sense.So far, that has not happened here. Because of that, many observers are treating the report with caution. Until the SEC database updates or WisdomTree speaks publicly the situation remains unclear.

XRP ETFs Are Still Seeing Strong Demand

Even if the withdrawal turns out to be real. It has not slowed the wider XRP ETF market. Several other spot XRP ETFs launched in late 2025. Which have seen steady inflows. By early January 2026, total inflows across XRP ETFs were estimated at around $1.3 to $1.4 billion. Assets under management have also continued to grow

XRP itself has traded higher this year. It is helped by ETF demand and reduced exchange supply. Because of that, some analysts believe in WisdomTree’s move. If confirmed, it could be more about strategy than a lack of interest.

What This Could Mean Going Forward

If WisdomTree has stepped back. It may be waiting for better timing, clearer rules or a chance to refile later. It could also reflect how competitive the XRP ETF space has become. Currently, the key takeaway is simple. One report claims a withdrawal. It came from X, not from WisdomTree directly. The XRP ETF market overall remains active. Until official confirmation appears, this story is still developing.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Price Prediction: Standard Chartered Targets $8 As ETF Inflows Hit $1.24 Billion, but Pepeto ...

XRP spot ETFs pulled $1.24 billion since November with barely a red day, and Standard Chartered’s Kendrick targets $8 The xrp price prediction has never been stronger, but at $1.42 with $85 billion market cap, even $8 is 5.6x, and the biggest returns come from presale entries where listing math

BlockChainReporter33m ago

XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test

XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered. The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively. A price above $1.39 will

CryptoNewsLand2h ago

XRP Ledger XLS-65 Amendment Introduces Native Single Asset Vaults for DeFi

XLS-65 enables integration of single-asset vaults on the XRP Ledger, allowing users to pool XRP, IOU, or MPT and obtain proportional shares of MPT. XRPL Commons backed the amendment after 257 Devnet tests, which covered exchange logic, access controls, and asset safeguards. The XRP Ledger ha

CryptoNewsFlash3h ago

XRP Price Prediction: Ripple Trades Below Key Moving Averages as the 20 Millionth Bitcoin Approaches and Pepeto Targets 267x Returns

Grayscale confirmed the 20 millionth Bitcoin will be mined in March 2026, leaving only 1 million BTC left to ever exist, and when 95% of a finite asset is already circulating, the scarcity narrative reshapes how every trader thinks about value.  The xrp price prediction shows Ripple at $1.37 b

CaptainAltcoin4h ago
Comment
0/400
No comments