Regulation· ★★★· neutral·

SEC Issues Effectiveness Notice for Bitwise XRP ETF Registration

  • —SEC effectiveness notice dated Sept. 28
  • —Bitwise filed final 424B3 prospectus the same day
  • —ETF has traded on NYSE Arca since Nov. 19, 2025
  • —Expense ratio stays at 0.34%, Coinbase Custody holds the tokens
Why it matters: The notice clears up confusion over the Sept. 18 filing that briefly moved XRP 7.7%; U.S. XRP ETFs now hold more than 1 billion tokens combined.
Source: Coinpaper