Asset management firm Bitwise has reached a major milestone with its XRP ETF, now holding over $541 million in XRP as of October 17, according to SoSoValue data. The fund has seen net inflows totaling $684.73 million since its launch. This significant accumulation reflects growing institutional demand for XRP through traditional financial markets. The ETF allows investors to gain exposure to XRP without directly purchasing and managing tokens. It is important to note that net assets and inflows do not necessarily indicate an equivalent amount of XRP purchased by the fund.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
