Bitwise CEO Predicts Crypto Exit From Bear Market, XRP Spot ETF Launch Looms

Bitwise CEO Hunter Horsley believes the cryptocurrency market might be nearing an end to its bearish phase. This optimism stems from improved regulatory frameworks and technology that are ushering in a new era of stability for crypto assets. He predicts this change will lead to increased institutional participation and pave the way for sustained long-term growth. The announcement comes as Bitwise is set to launch its regulated Spot XRP ETF next week, offering investors direct exposure to XRP through a transparent channel. Horsley’s prediction is supported by recent market trends indicating a short-lived downturn followed by a resurgence in investor confidence.