Ripple Invests in Newly Rebranded Bitwise XRP ETP
Ripple announces its plans to invest in Bitwise’s newly rebranded XRP Exchange Traded Product (ETP). This strategic move aligns with Bitwise’s expansion efforts within Europe, as they aim to capture a larger share of the growing market. The rebranding of the ETP is intended to attract new investments and interest. Ripple’s involvement reinforces its commitment to fostering innovation within the cryptocurrency space. As the crypto landscape evolves, such investments signal confidence in the underlying technology and its future potential. Watch for developments around this collaboration as both companies work together to reshape the industry.