Bitwise Transforms Physical XRP ETP Amid Ripple Investment Plans
Bitwise is reshaping the landscape of institutional crypto investing by rebranding its physical XRP exchange-traded product (ETP). With more than $10 billion in client assets under management, this move comes as Ripple has plans to invest in the newly rebranded ETP. The shift signals increased institutional interest in the cryptocurrency sector. Future developments could solidify Bitwise’s position as a leading player in crypto investments, expanding access for institutional investors and boosting market credibility.
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