Despite strong capital inflows, why did WisdomTree withdraw its XRP ETF application?

2026-01-07 11:18:26

Abstract generation in progress

WisdomTree has withdrawn its XRP ETF registration application submitted to the U.S. Securities and Exchange Commission (SEC), citing a decision “at this time” not to proceed further. Despite net inflows of over $1.25 billion into XRP spot ETFs from institutions such as Grayscale, Franklin Templeton, Canary, and Bitwise, the company still withdrew the registration. WisdomTree has withdrawn all relevant attachments in accordance with SEC Rule 477 and has not sold any shares. Franklin Templeton’s XRPZ recently saw the largest fund inflow at $7.35 million, followed by Canary’s XRPC ($6.49 million) and Bitwise’s fund ($3.54 million). Although ETF demand continues to grow, XRP’s price remains below its 2025 peak, similar to the trend observed after the launch of Bitcoin and Ethereum products.

XRP4,17%

BTC3,14%

ETH6,56%

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