WisdomTree Withdraws Spot XRP ETF Filing from SEC
- WisdomTree withdrew its spot XRP ETF filing from the SEC.
- Market impact included noticeable XRP price fluctuations.
- Broader demand for ETFs remains strong despite the withdrawal.
WisdomTree Digital Commodity Services withdrew its S-1 registration for a spot XRP ETF from the SEC on January 6, 2026, citing a decision to not proceed.
The withdrawal highlights uncertainties in the cryptocurrency market, affecting XRP’s valuation and raising questions about regulatory challenges impacting future cryptocurrency fund filings.
WisdomTree Digital Commodity Services withdrew its Spot XRP ETF filing from the SEC on January 6, 2026, leveraging SEC Rule 477.
The withdrawal signifies uncertainty in spot XRP ETF approval, impacting XRP’s market stability with noticeable price shifts.
Delisting Cites Strong ETF Market Activity
WisdomTree withdrew its Spot XRP ETF filing under Rule 477. The decision was made on January 6, 2026, amid strong ETF market interest. It was filed originally on December 2, 2024.
WisdomTree Digital Commodity Services initiated the withdrawal. Despite high market anticipation, the move was strategic with no shares sold or further details given by WisdomTree’s leadership.
XRP Prices Drop 3.2-6% Post Withdrawal
The immediate effect was a significant dip in XRP’s price, fluctuating between 3.2-6%. Despite this, weekly gains continued at approximately 22% due to robust ETF interest.
Financial and market implications showcase volatility in XRP prices and highlight institutional hesitance. However, the demand for other XRP ETFs remains strong, with notable net inflows continuing.
Uncertainties Persist Amid Ripple-SEC Litigation
Unlike previous events where the filings remained active, the XRP ETF’s withdrawal reflected the ongoing Ripple-SEC litigation complexities. Ripple’s legal issues have continually affected ETF decisions.
Potential outcomes include stagnation in spot XRP ETF approvals if uncertainties persist. However, historical trends indicate recovery, as evidenced by continual ETF net inflows and market adjustments.
“While the XRP price dipped today, the ongoing interest in spot ETFs and the substantial inflows into existing XRP products indicate a resilient market.” – Crypto KOL Analyst, Anonymous
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