Bitwise claims that the "game has changed" regarding XRP, with ETFs approaching $1 billion in assets under management following the end of the SEC investigation.
At the time of writing, XRP is trading at $2.02, down 7.57% in the last 7 days and 7.92% in the last 30 days. Investors are monitoring market volatility, but the currency is resisting further losses, while new inflows are sustaining demand. XRP spot ETFs in the US have recorded 16 consecutive days of net inflows, bringing total assets to nearly $1 billion.
WisdomTree highlights that XRP is the only major token that has shown year-to-date gains during a month of decline in the cryptocurrency market. This resilience sets the stage for Bitwise's sudden shift towards Ripple.
Bitwise claims that the regulatory era for XRP has finally changed.
Matt Hougan, CIO of Bitwise, explains that the company waited years before creating an XRP ETF. He states that the reason is obvious. The SEC process created a cloud of uncertainty over XRP. No institution wanted a digital asset that could disappear under regulatory pressure. No large company wanted to build real products on a blockchain that faced a direct challenge from the regulatory body.
He recalls how the legal process hampered adoption, not because the technology was fragile, but because uncertainty dominated all decisions. Ripple failed to secure the partnerships its supporters had sought for years. Investors hesitated. Developers stayed away. Institutions refused to invest in the asset until the dust settled from the legal process.
Hougan states that the entire dynamic changed the moment the legal battle ended in August. He believes the network is finally on an equal footing with other large-cap assets. He says XRP now has a real chance of achieving the global use cases championed by the Ripple community.
He also notes that as soon as the threat disappeared, Bitwise acted quickly. The company already had the ticker ready. The company wanted to offer a simple and transparent gateway for all institutions awaiting clarification. That gateway now exists in the form of the XRP ETF.
The launch of the XRP ETF proves that investor appetite is high.
Bitwise's ETF wasn't launched quietly. The product recorded a trading volume of $25.7 million on its first day and reached $107.6 million in assets under management. Hougan states that this initial success confirms that institutions never lost interest. They simply lacked a secure, regulatory-compliant structure that met their mandates. ETFs solve this problem. Funds, family offices, and traditional firms prefer this format because it offers exposure without the technical difficulties.
The positive momentum continued throughout the first three days. Bitwise's resources received an investment of US$135 million.
The streak has now lasted 16 consecutive days in the US market. The steady climb towards $1 billion in total XRP ETF assets signals a turning point for Ripple and its ecosystem.
Why Bitwise believes XRP can now compete globally.
Hougan argues that the post-legal process period creates space for XRP to compete in the international financial market. The network operates with a ledger that many analysts consider extremely robust. The demand for regulated and compliant products aligns with Ripple's long-term objectives. Institutions now enter the market without fear. Retail investors gain a clear benchmark for price discovery. Liquidity increases with the opening of new channels. XRP now participates in the capital flow from which it was excluded for years.
Institutional flows are propelling XRP into a new phase.
The slow and steady appreciation of XRP contrasts with the general market decline. While the market watches Bitcoin and Ethereum weaken, XRP remains firm. Bitwise considers this behavior a sign of silent accumulation. The era of ETFs offers the asset a new entry point, and investors are crossing it without hesitation. Hougan states that the message is simple: the game has changed, the risk has disappeared, and the door to global finance is now wide open for Ripple and XRP.
Remember everyone, nothing said here represents a recommendation to buy, sell, or hold assets.
Thank you all!
