Bitwise to launch XRP ETF tomorrow
Crypto Briefing
Bitwise Asset Management is launching an XRP ETF tomorrow, expanding its offerings beyond Bitcoin-based crypto products.Summary
Bitwise Asset Management is scheduled to launch its XRP Exchange-Traded Fund (ETF) tomorrow, signifying an expansion of its digital asset ETF lineup into altcoins beyond its existing Bitcoin-based products. This launch follows recent regulatory filings that detailed the product's exchange listing and management structure. Bitwise, a key provider of regulated cryptocurrency index funds and ETFs, aims to offer institutional-grade exposure to XRP holdings, with the product description recently appearing on Bloomberg terminal systems, indicating progress toward official listing.
(Source：Crypto Briefing)