Bitwise XRP ETF on Track to Become Next Approved Cryptocurrency ETF

While Bitcoin (BTC) and other altcoins experienced significant declines in the past 24 hours, a major development occurred in the US. After the successful launch of the first XRP ETF under Canary Capital’s banner, the market anticipates the next step will be Bitwise’s XRP ETF. This anticipation comes from Bloomberg’s senior ETF analyst Eric Balchunas, who believes Bitwise’s ETF is on track to gain approval shortly.