ChainCatcher news, according to Cryptodnes, Ripple CEO Brad Garlinghouse expressed his strong desire to work with the new leadership of the SEC, which has sparked speculation in the industry about the possibility of the lawsuit between the SEC and Ripple being dismissed or settled.Legal analyst Jeremy Hogan stated that the case might be resolved by April or May, although procedural requirements could extend the timeline. Under the current administration's leadership, the SEC is expected to make a final push before the leadership transition. With the deadline for submitting opening statements set for January 15, the agency may attempt to influence the direction of the case.However, industry insiders anticipate that the incoming pro-crypto leadership is expected to create a more favorable environment for Ripple, and a positive outcome could pave the way for the approval of an XRP ETF.

According to ChainCatcher news, WisdomTree has submitted an application for the WisdomTree XRP Fund to the U.S. Securities and Exchange Commission (SEC) via an S-1 filing. This is an exchange-traded fund (ETF) that issues beneficial interest common stock and will be listed on the Cboe BZX Exchange, Inc. under the ticker symbol "TICKER".The investment objective of the trust is to obtain exposure to the price of XRP, minus the expenses and liabilities of the trust. The Bank of New York Mellon ("BNYM") serves as the trustee, fund accountant, and transfer agent for the trust.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media, "Global ETF provider WisdomTree has registered an XRP ETF in Delaware. I have confirmed with the company that this is a legitimate filing."

ChainCatcher news, according to public documents from the U.S. Securities and Exchange Commission, 21Shares has submitted an S-1 form to apply for an XRP ETF, which is named 21Shares Core XRP Trust.

ChainCatcher news, asset management company Bitwise has submitted the XRP ETF S-1/A registration document to the U.S. Securities and Exchange Commission (SEC).

ChainCatcher news, according to Cointelegraph, CME's Senior Managing Director Tim McCourt stated, "A significant first step has been taken for the launch of the XRP ETF. CME has the XRP reference rate and real-time index, which is the first step in building this ecosystem, with over 50 real-time prices and reference rates. This is crucial for product providers like Bitwise, as they can at least point to a fully regulated benchmark."A week ago, the U.S. Securities and Exchange Commission received an XRP ETF application from Canary Capital, which is the second provider to apply for an XRP ETF after Bitwise Asset Management.

ChainCatcher message, The ETF Store President Nate Geraci posted on social media: "According to Fox Business News, the SEC still insists that the cryptocurrency XRP is a security. Under the current administration, the XRP ETF may take some time to be approved."

ChainCatcher news, according to The Block, cryptocurrency investment firm Canary Capital has submitted a registration application for a spot XRP exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), becoming the second company to apply for such a product this month.Canary Capital founder Steven McClurg stated that as the demand for blockchain solutions grows, the company sees a more progressive regulatory environment. The ETF will provide investors with the opportunity to access the XRP market through traditional brokerage accounts, avoiding the potential risks of directly holding XRP. The custodian for the ETF has not yet been determined.

ChainCatcher news, a spokesperson for Bitwise confirmed to Cointelegraph that Bitwise has submitted an XRP ETF application, which has been officially filed on the Delaware state government website. According to the application, the Bitwise XRP ETF is set to launch on September 30, 2024. The registered agent is listed as CSC Delaware Trust Company, headquartered in Wilmington, Delaware.It is reported that submitting the application in Delaware does not necessarily mean that a registration application will soon be submitted to the U.S. Securities and Exchange Commission (SEC). This step may be part of early preparations, and formally submitting the application to the SEC could take several months.

ChainCatcher news, according to CoinDesk, the Delaware Department of Justice is investigating false documents regarding BlackRock's proposed spot XRP ETF. A Delaware spokesperson stated that the matter has been referred to the state's Department of Justice. Previously, the false documents were submitted to the Delaware Division of Corporations and published on its website, containing details matching those of BlackRock's documents, including the name and address of its registered agent.It is reported that as of 10:30 AM Eastern Time on Tuesday, the document still appeared on the Delaware Division of Corporations' website, essentially identical to the legitimate documents regarding BlackRock's iShares Ethereum Trust product released last week.

ChainCatcher news, according to The Block, BlackRock stated that it is not attempting to launch an XRP ETF. The BlackRock XRP document circulating on Monday is fake and unrelated to the company. This false document has been submitted to the Delaware Division of Corporations and published on its website, containing details that match those of similar documents from BlackRock, including the name and address of its registered agent.