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WisdomTree has officially filed to withdraw its spot XRP ETF S-1 registration statement with the U.S. Securities and Exchange Commission. It is reported that the company has decided to suspend the promotion of this product and emphasized that no fund shares have been sold through this registration statement to date. This move reflects the uncertainty faced by cryptocurrency spot ETF products in the regulatory environment and also indicates a shift in institutional investors' strategies regarding XRP-related derivatives. How the market will respond to this remains to be seen and warrants ongoing observation.