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WisdomTree Withdraws S-1 Filing for Spot XRP ETF

Reports suggest WisdomTree withdrew its spot XRP ETF filing via SEC Rule 477, citing a decision not to proceed with the offering at this time.

WisdomTree Withdraws S-1 Filing for Spot XRP ETF

Quick Take

Summary is AI generated, newsroom reviewed.

  • Reports indicate WisdomTree filed a withdrawal request for its XRP ETF.

  • The request was reportedly made under SEC Rule 477 on January 6.

  • WisdomTree’s S-1 filing had been active since December 2024.

  • Other spot XRP ETFs continue to see steady institutional inflows.

Reports circulating on X suggest that WisdomTree has withdrawn its filing for a spot XRP exchange-traded fund. The update came from the X account @BankXRP. Which shared screenshots of what appears to be a withdrawal request sent to the U.S. Securities and Exchange Commission.

According to that post, WisdomTree asked the SEC to allow it to withdraw its S-1 registration for the ā€œWisdomTree XRP Fund.ā€ The filing was first submitted in December 2024. The document also states that no shares were sold. Also, the company decided not to move forward ā€œat this time.ā€Ā 

As of now, WisdomTree has not made a public announcement confirming or denying the report. That has left room for debate across the crypto community.

What the Reported Filing Says

The letter shared on X is a formal request under SEC Rule 477. In simple terms, that rule allows companies to pull a registration. If they decide to stop an offering before it begins. The document says WisdomTree chose not to proceed with the XRP ETF. It confirmed that no investors bought into it.Ā 

If accurate, this means the ETF will not launch. Still it is important to note that this information comes from a social media post. There has been no direct confirmation from the SEC website or from WisdomTree itself as of January 7.

XRP Community Reactions

Some users on X quickly pushed back on the claim. Others asked for an official SEC link or a statement from WisdomTree. This reaction makes sense.So far, that has not happened here. Because of that, many observers are treating the report with caution. Until the SEC database updates or WisdomTree speaks publicly the situation remains unclear.

XRP ETFs Are Still Seeing Strong Demand

Even if the withdrawal turns out to be real. It has not slowed the wider XRP ETF market. Several other spot XRP ETFs launched in late 2025. Which have seen steady inflows. By early January 2026, total inflows across XRP ETFs were estimated at around $1.3 to $1.4 billion. Assets under management have also continued to grow.Ā 

XRP itself has traded higher this year. It is helped by ETF demand and reduced exchange supply. Because of that, some analysts believe in WisdomTree’s move. If confirmed, it could be more about strategy than a lack of interest.

What This Could Mean Going Forward

If WisdomTree has stepped back. It may be waiting for better timing, clearer rules or a chance to refile later. It could also reflect how competitive the XRP ETF space has become. Currently, the key takeaway is simple. One report claims a withdrawal. It came from X, not from WisdomTree directly. The XRP ETF market overall remains active. Until official confirmation appears, this story is still developing.

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