Bitwise Updates XRP ETF Prospectus In New SEC Filing

What happened

Bitwise filed a post-effective amendment on September 21 to update disclosures for its XRP exchange-traded fund trust, registering zero new shares. It is a prospectus update, not an SEC approval notice or a new ETF launch.

Confirmed

Global impact / market context

An XRP ETF would let ordinary investors buy XRP through a stock exchange rather than a crypto platform. Updating the prospectus keeps that application moving through the SEC review process, so it signals continued effort but not a green light to begin selling shares.

Analyst inference

XRP exchange-traded fund applications are pending before US regulators, and each filing builds the public record. This amendment adds disclosure but changes no share count, so it does not by itself alter how much XRP the fund could hold or when it might start trading.

Analyst inference

What to watch

1. A prospectus update is not SEC approval, so do not treat any single filing as permission for the XRP ETF to launch or for shares to begin trading on an exchange. Confirmed
2. If Bitwise later registers new shares or the SEC issues an approval order, that would mark a more concrete step toward the XRP ETF actually becoming available to investors. Proposed
3. Continued amendments may indicate that company lawyers are answering SEC staff questions, which often happens before a decision, but the outcome and timing of that review remain unknown. Analyst inference

Affected assets

• XRP — XRP

Evidence

• newsbtc.com