WisdomTree Withdraws XRP ETF Filing Despite Strong Market Inflows

TheNewsCryptoPublished on 2026-01-07Last updated on 2026-01-07

Abstract

WisdomTree has withdrawn its application for an XRP ETF with the U.S. SEC, despite strong market interest and $1.25 billion in cumulative inflows for U.S.-listed spot XRP ETFs. The withdrawal, filed on January 6, halts the proposed fund that planned to use a cash-create model with Coinbase as custodian. This decision reflects a cautious approach amid a crowded altcoin ETF market. Concurrently, existing XRP ETFs saw significant inflows of $19.12 million on the day of the withdrawal, contributing to a total net asset value of $1.62 billion. XRP token price has surged 21% in a week, trading at $2.27.

While interest in XRP ETFs remains strong, WisdomTree has taken a contrasting decision to withdraw its XRP ETF filing with the U.S. SEC (Securities and Exchange Commission). At the same time, U.S.-listed Spot XRP Exchange-Traded funds (ETFs) have recorded $1.25 billion as cumulative total net inflow.

WisdomTree XRP fund trust has formally applied for the withdrawal of its registration statement on Form S-1, including all documents and amendments, as per the RW filing on January 6th with the U.S. SEC.

As its filing application on December 2, 2024, stated that the ETF will use a cash-create approach for share creation and redemption. Coinbase affiliates will serve as the fund’s principal execution agent and XRP custodian. But the ETF never reached the stage of selling shares, as the registration was withdrawn before launch.

The change comes as the altcoin exchange-traded funds area becomes more crowded, with asset managers rushing to launch altcoin-based products. Despite significant investor interest in XRP-related ETFs and increased market competition, WisdomTree has decided to exit this area for the time being, reflecting a sense of caution in the face of changing regulatory and market dynamics.

XRP Exchange Funds Seeing Strong Inflows

As the U.S.-based Spot XRP ETF has started to trade in November 2025, since it started, it has never posted any significant outflows. It is growing strongly among the ETF market, though BTC, ETH Exchange Traded Funds saw massive outflows, XRP ETFs stood strong enough.

While this withdrawal was filed on Tuesday, the same day XRP ETF saw $19.12 million inflows, among the top inflows, the Franklin XRP ETF(XRPZ) alone posted $7.35 million, followed by Canary XRP ETF (XRPC) with $6.49 million, which was followed by Bitwise (XRP) with $3.54 million and Grayscale(GXRP) with $1.75 million. While 21Shares XRP ETF(TOXR) alone saw no net movement of funds, as per SoSoValue data.

These significant inflows elevated total trading value to $58.85 million, while total net assets increased to $1.62 billion. The consistent institutional buying is also reflected in XRP’s price action, as the token has climbed by 21.75% in the last week and is currently trading at $2.27, showing a strong positive trend in the market.

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Related Questions

QWhy did WisdomTree withdraw its XRP ETF filing with the SEC?

AWisdomTree formally withdrew its XRP ETF filing, reflecting a sense of caution in the face of changing regulatory and market dynamics, despite strong investor interest and market inflows.

QWhat was the cumulative total net inflow for U.S.-listed Spot XRP ETFs?

AU.S.-listed Spot XRP Exchange-Traded funds (ETFs) recorded $1.25 billion as cumulative total net inflow.

QWhich XRP ETF had the highest single-day inflow according to the SoSoValue data mentioned?

AAccording to SoSoValue data, the Franklin XRP ETF (XRPZ) had the highest single-day inflow at $7.35 million.

QHow has the price of XRP performed recently according to the article?

AThe XRP token climbed by 21.75% in the last week and was trading at $2.27, showing a strong positive trend.

QWhat role was Coinbase set to play in WisdomTree's proposed XRP ETF?

ACoinbase affiliates were set to serve as the fund’s principal execution agent and XRP custodian for WisdomTree's proposed ETF, which used a cash-create approach.

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The overarching goal of XRP 2.0 is to establish itself as a reliable and efficient platform enabling swift transaction execution while prioritizing enhanced privacy protections for its users. The project is promoted as a solution to many limitations faced by existing cryptocurrencies, proposing a system that can handle a higher volume of transactions with improved speed and privacy. This versatility positions XRP 2.0 as a significant contender in a marketplace riddled with various digital currencies. Who is the Creator of XRP 2.0? The identity of the creator behind XRP 2.0 has been flagged as ‘Wilbur.’ However, comprehensive details regarding Wilbur or their associated entity remain elusive. The anonymity of many cryptocurrency creators is not an uncommon phenomenon in the industry, often designed to maintain a degree of privacy and security. Who are the Investors of XRP 2.0? As of now, specific information related to the investment foundations or organizations supporting XRP 2.0 is not publicly available. In the cryptocurrency sector, the backing by reputed investors can significantly influence a project's credibility and success, yet the transparency regarding the financial supporters of XRP 2.0 has not been established. How Does XRP 2.0 Work? XRP 2.0 stands out by employing a combination of blockchain technology and advanced encryption algorithms that ensures secure and decentralized transactions. Its innovative structure includes unique features designed to foster user engagement and broaden functionalities beyond conventional cryptocurrency transactions. Among these features, XRP 2.0 incorporates AI-powered capabilities, such as text-to-image and text-to-speech functionalities. These additions are designed to enhance the interactive experience for users, promoting broader applicability across various sectors. By bridging technological advancements with user-centered design, XRP 2.0 aims to capture the attention of a diverse range of individuals and enterprises looking to integrate cryptocurrency solutions into their operational frameworks. Timeline of XRP 2.0 Understanding XRP 2.0 requires examining the milestones that have defined its journey thus far: July 23, 2023: XRP 2.0 is introduced as a novel cryptocurrency project, aiming to revolutionize secure and decentralized transaction capabilities in the blockchain domain. September 8, 2023: The launching of another project, XRP20, occurs, marking the emergence of an ERC-20 token on the Ethereum blockchain that remains unrelated to XRP 2.0. November 13, 2023: The XRP Ledger undergoes a significant update with the release of rippled server software version 2.0.0. It is essential to note that this development is disconnected from the XRP 2.0 cryptocurrency project. 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What is XRP 2.0

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