WisdomTree has pulled its XRP spot ETF application with the U.S. SEC even as XRP-related ETFs recorded more than $1.25 billion in inflows over recent weeks. The move highlights persistent regulatory uncertainty despite strong investor demand.

WisdomTree has filed to launch an ETF that would track the CoinDesk 20 index, offering investors one fund to access the largest 20 liquid cryptocurrencies. The move could broaden mainstream access to diversified crypto exposure if approved by regulators.