XRP Price Plummets Despite Bitwise ETF Launch

The XRP price experienced a significant 8% drop in the past 24 hours, settling at $1.93, as trading volume surged to $8.17 billion. This decline came despite a milestone achieved by the Bitwise XRP ETF launch on the New York Stock Exchange, generating excitement for investors seeking regulated access to this cryptocurrency. However, XRP’s price failed to gain significant momentum. 🚨 The Bitwise ETF’s introduction marked an important step towards broader accessibility but did not provide immediate support for the token.