Bitwise and Grayscale have revealed management fees for new spot XRP ETFs as the firms press forward with launches despite not yet receiving SEC approval.
Bitwise plans a 0.34% fee for its fund, while Grayscale has set a 0.35% fee for its XRP and Dogecoin ETFs, according to regulatory filings. The disclosures come days after both firms debuted spot Solana ETFs, with Bitwise’s SOL ETF attracting $56 million on its first trading day — the strongest ETF launch of the year.
Both issuers appear prepared to list funds through non-traditional pathways, mirroring Grayscale’s strategy with its Solana ETF. Market analysts expect the first spot XRP ETFs to go live within weeks, citing the SEC’s reduced operational capacity amid a prolonged U.S. government shutdown.
The shutdown has placed the SEC on skeleton staffing, and listing standards approved earlier now allow quicker ETF activation. Observers say the XRP ETF launch would mark another setback for previous anti-crypto regulatory stances.
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