Bitwise Launches First Spot XRP ETF on NYSE Arca

Bitwise Asset Management has made history by launching the first U.S.-based spot XRP ETF on the NYSE Arca exchange, signifying a major step forward for cryptocurrency investment. This groundbreaking launch saw trading volume reach $22 million on its debut, highlighting strong investor interest and potential market impact. 📈 The ETF offers regulated exposure to XRP, giving both institutional and retail investors access to this popular digital asset. 🏛️ Bitwise CEO Hunter Horsley sees this as a pivotal moment for currency movement.