The firm registered a trust entity in the state of Delaware on Tuesday, which appeared on the state’s Division of Corporations website. Registering a trust entity is a first step toward filing to list and trade shares of an ETF; companies like Bitwise, Blackrock and Fidelity all filed trust entities for bitcoin (BTC) and Ethereum’s ether (ETH) ahead of filing for ETFs following those tokens.
Source: https://www.coindesk.com/policy/2024/10/01/bitwise-takes-a-step-toward-xrp-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines