WisdomTree Funds has registered for an XRP exchange-traded fund (ETF) in Delaware, aiming for a future application with the SEC. This filing, made on November 25, 2024, represents a significant step in the ongoing effort to launch an XRP ETF, as WisdomTree joins other firms like Bitwise and 21Shares in this pursuit. The filing coincides with Ripple's recent legal victories against the SEC in their ongoing lawsuit, which may influence the SEC's response to these ETF applications. Furthermore, the political landscape is shifting with Donald Trump's election win in 2024, raising hopes for an approach to cryptocurrency regulation that could favor XRP and expedite the ETF approval process. Analysts speculate that a change in governance may facilitate the approval of such financial products, which previously faced challenges.

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