Global asset manager WisdomTree, with over $113 billion assets under management (AUM), registered for an XRP ETF in the US state of Delaware on Monday, according to Fox Business Eleanor Terret. With the registration confirmed, the company could file an S-1 with the Securities & Exchange Commission (SEC) soon.

WisdomTree, a prominent New York-based asset management firm overseeing $113 billion in assets, has filed for an XRP exchange-traded fund (ETF) with Delaware authorities.

WisdomTree has joined the list of companies taking the first step toward hopefully issuing an $XRP ETF, causing the token's price to climb and raising hopes for the altcoin's future growth.

WisdomTree, the New York-based asset manager handling over $113 billion in assets, has filed an application to establish an XRP exchange-traded fund (ETF) in Delaware, United States. The proposed fund,