Bitwise has applied for an XRP ETF in the state of Delaware. An anonymous spokesperson has apparently confirmed that the application is genuine.

An XRP ETF is just one of several ETF-related ventures Bitwise has started recently.

A Surprise Filing

Bitwise Asset Management has applied for an entity named Bitwise XRP ETF in the state of Delaware. According to the filing, publicly available on the Delaware Department of State website, Bitwise filed this ETF on September 30. The registered agent for this filing was CSC Delaware Trust Company, which provides compliance services for legal and corporate endeavors.

“Bitwise positioning to file for XRP ETF is highly noteworthy IMO. Bitwise is highly credible crypto-native fund firm that doesn’t just throw stuff at wall. That’s simply not in their DNA. This is strategic,” Nate Geraci, the President of the ETF store, said.

Read More: XRP ETF Explained: What It Is and How It Works

This agent’s website claims that Delaware is the preferred location for a variety of corporate filings due to its reputation for business-friendly tax and regulation. In fact, BlackRock filed its Ethereum ETF in Delaware less than one year ago. This location suggests Bitwise is making a genuine effort despite the difficulty of winning regulatory approval.

Already, an anonymous spokesperson from Bitwise has confirmed that the filing is genuine. It will be difficult to predict how the SEC will react at this time, but it’s certainly a surprising development.

The XRP ETF has its supporters, but generally, it is not viewed as the most likely cryptoasset to become the third US ETF.

Read More: How To Buy XRP and Everything You Need To Know

Still, this bold move is very in character for Bitwise. Chief Investment Officer Matt Hougan made publicly bullish statements on new ETF approvals just two weeks ago, and Bitwise acquired a European crypto ETP issuer in August.

A new project like this would fit right in. Ripple’s executives, too, are bullish that the SEC will eventually give an XRP ETF the green light.

“I think it’s just a matter of time, and it’s inevitable there’s gonna be an XRP ETF, there’s gonna be a Solana ETF, there’s gonna be a Cardano ETF, and that’s great,” Ripple CEO Brad Garlinghouse stated.

A 80-year-old New Castle man who police said was trying to cross a road Monday afternoon died after being hit by a car near New Castle.

Delaware State Police troopers were called to Route 13 (South Dupont Highway) near Heddington Road just after 2:15 p.m. for reports of the crash.

There, they learned that the man was on the side of Route 13 when he tried to cross. Police said he wasn’t in a crosswalk.

He “entered the left northbound lane directly into the path” of a GMC Savana, police said. The driver of the car, a 40-year-old man from Smyrna, swerved right to avoid hitting the man but was unable to avoid the crash.

READ: The ‘revolutionary’ tactic Delaware police hope will get more people to apply

The driver was not hurt, while the man died on scene. Police will identify him once family is notified.

Police closed the road for several hours as they investigated.

Got a story tip or idea? Send to Isabel Hughes at ihughes@delawareonline.com. For all things breaking news, follow her on X at @izzihughes_

PHILADELPHIA – It’s time to vote, you’re in the polling booth, and you want to capture this historic moment to share with family and friends or just to have as a memory on your phone. However, before you do, find out if it is legal for you to take a ballot selfie in your state. 

Can I take a ballot selfie in Delaware? 

Yes, however, there are some rules and suggestions to be mindful of. 

There is no law prohibiting voters from taking ballot selfies in Delaware. 

You cannot talk on the phone while at the polling place as the state says the noise could interfere with poll workers and distract other voters. 

Thinking of wearing candidate-related merch to take a picture with your ballot? Think again.

The Delaware code forbids voters from wearing items about a candidate in the polling place. 

Other ways to share that you just voted:

• Take a photo with an “I Voted” sticker.
• Pose next to an “I Voted” sign.
• Take a selfie next to a “Vote Here” sign.

Be sure to check with your polling place for additional information. See the rules for ballot selfies in other states here.