Bitwise's XRP exchange-traded products (ETPs) in the U.S. and Europe have attracted over $200 million in inflows year-to-date, reflecting strong investor interest in altcoin exposure through regulated products. This follows a record May when XRP ETFs outperformed Bitcoin and Ethereum combined in fund flows. The U.S. product offers spot XRP exposure via a listed fund, while the European version provides a similar regulated route, appealing to investors who prefer not to hold tokens directly. The trend highlights growing demand for XRP and other altcoins in exchange-traded formats amid ongoing regulatory discussions and market activity related to Ripple.
XRP is approaching a rare death cross between its 20-week and 200-week moving averages near $1.39-$1.40, a pattern that historically led to significant price rebounds of 20% to over 80%. Currently trading around $1.13, XRP shows oversold conditions w...
Bitcoin fell to around $62,840, down 1.1% in 24 hours and 3.5% over the week, dragged down by a global selloff in technology stocks and semiconductor shares. Major altcoins like Ether, XRP, Solana, and Dogecoin also declined, while Tron was a rare ga...
Over $30 million rotated out of stablecoins USDT and USDC into major cryptocurrencies, with Bitcoin Cash (BCH) receiving the largest inflow of about $7.71 million. Ethereum and Bitcoin followed with $4.51 million and $4.28 million respectively. This ...
Bitwise Asset Management's XRP exchange-traded products have attracted over $200 million in net inflows so far this year, signaling strong institutional demand for the Ripple-linked cryptocurrency XRP. The US-based Bitwise XRP ETF, launched in late 2...
XRP is hovering near its key support zone between $1.05 and $1.10 after a month of range-bound trading and a recent 1.8% drop. Despite softening network activity and retail sentiment, institutional demand remains strong with $2.4 million inflows into...
