Bitwise takes a step towards XRP ETF

The firm registered a trust entity with the state of Delaware on Tuesday, which appeared on the state’s Division of Corporations website. Registering a trust entity is a first step towards listing and trading shares of an ETF; companies like Bitwise, Blackrock, and Fidelity all filed entities of trust for bitcoin (BTC) and Ethereum’s ether (ETH) before filing ETFs following those tokens.