Bitwise Advances XRP ETF Application Toward Approval as NYSE Listing and 0.34% Fee Signal Final Steps

COINOTAG News reports, citing Bloomberg ETF analyst Eric Balchunas, that Bitwise has updated the fourth amended version of its XRP ETF application. The revision specifies the listing venue as the New York Stock Exchange and sets a 0.34% management fee, indicating progress toward the final submission phase.

Balchunas characterizes these additions as typically among the final prerequisites for an ETF filing to advance. The explicit exchange detail and fee disclosure increase investor transparency and align with standard governance expectations for crypto-linked products seeking regulatory clearance.

Market watchers will assess whether the NYSE listing and fee structure meet diligence and timing expectations as Bitwise presses toward approval. The development contributes to ongoing crypto ETF news and broadens regulated XRP exposure options for mainstream investors.