WisdomTree Digital Commodity Services has formally withdrawn its registration for a spot XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The withdrawal request, filed on January 6, 2026, halts the firm's plans to launch the "WisdomTree XRP Fund," which was initially submitted in December 2024.
The filing, made pursuant to SEC Rule 477, confirms that no shares were sold and no capital was raised under the planned offering. "WisdomTree XRP Fund hereby requests that the Securities and Exchange Commission consent to the withdrawal of the Trust’s Registration Statement on Form S-1," the document stated. The company has decided not to proceed with the ETF "at this time," though no official statement has been issued by WisdomTree executives to explain the strategic reversal.
This development comes amid a backdrop of strong performance for XRP and existing XRP ETFs. Total inflows into spot XRP ETFs that launched in late 2025 are estimated to be between $1.3 billion and $1.4 billion as of early January 2026, with assets under management continuing to grow. The withdrawal has sparked speculation within the financial community regarding WisdomTree's strategic direction, potential regulatory considerations, and the competitive landscape of the XRP ETF market.
Market observers note that the withdrawal appears to be a strategic pause rather than a sign of diminished interest in XRP. It may reflect a wait for clearer regulatory guidelines, more favorable market timing, or an opportunity to refile at a later date. The XRP community and broader crypto market are awaiting official confirmation from either WisdomTree or the SEC, as the initial report originated from social media platform X (via the account @BankXRP) and has not yet been directly verified by primary sources.
