5 days ago
Bitwise XRP ETF Sees $15.4M Inflow as XRP Recovers Near $1.40
NewsaltcoinsBitwiseblockchainCryptoCrypto ETFscrypto marketCrypto newscrypto regulationCrypto TradingcryptocurrencyDeFiDigital AssetsInstitutional InvestingXRPXRP ETF
TLDR: The Bitwise XRP ETF drew a reported $15.4 million from clients, extending regulated exposure while XRP traded close to $1.40. The purchase reflects investor subscriptions through Bitwise rather than a discretionary XRP acquisition by the asset manager with corporate funds. Seven U.S. spot XRP funds reached $1.57 billion in cumulative inflows by August 24, [...]
The post Bitwise XRP ETF Sees $15.4M Inflow as XRP Recovers Near $1.40 appeared first on Blockonomi.
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