Bitwise’s XRP ETF Hits $22 Million in Debut, Signals Growing Institutional Interest

The cryptocurrency market witnessed an exciting milestone as the Bitwise XRP ETF launched to a remarkable start, recording a significant $22 million in trading volume on its first day. This impressive debut underscores growing institutional confidence in XRP and sets a new standard for cryptocurrency exchange-traded funds (ETFs). The strong performance is attributed to several factors: robust investor demand for regulated XRP exposure, rising acceptance of cryptocurrency ETFs by institutions, and Bitwise’s established reputation as an ETF provider. !