🚨 Bitwise Announces Upcoming XRP ETF on NYSE
Bitwise has officially revealed key details about its new Bitwise XRP ETF, adding another major milestone to its expanding suite of digital asset products.
🔹 Management Fee: 0.34% — fully waived until AUM reaches $500M
🔹 Listing Venue: New York Stock Exchange
🔹 Ticker Symbol: XRP
🔹 This becomes the 49th crypto investment product launched by Bitwise across the U.S. and Europe.
📌 Why this matters:
The introduction of an XRP ETF on a major U.S. exchange could bring increased institutional exposure, enhanced liquidity, and broader market recognition for XRP. As more traditional investors gain access to regulated crypto products, XRP may experience elevated momentum in both spot and derivatives markets.
