Bitwise Launches XRP ETF on NYSE with Fee Waiver for Early Investors

Bitwise Asset Management has launched the Bitwise XRP ETF, a spot exchange-traded fund giving investors direct exposure to XRP. Trading is now live on the New York Stock Exchange (NYSE), marking a significant step in bringing this crypto asset to mainstream markets. 0.34% management fees will be waived for the first month for investments up to $500 million. The ETF holds XRP directly, giving investors a regulated way to access this third-largest cryptocurrency. The fund aims to provide transparency and accessibility in a market with high potential.