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International Business Times
International Business Times
Business
Marvie Basilan

Bitwise Files For $XRP ETF, Topic Trends On X

Bitwise ETF Brad Garlinghouse XRP Crypto Nate Geraci Ripple Bitcoin United States Ethereum
$XRP has maintained its position as one of the top cryptocurrencies by market value. (Credit: CryptoWallet.com Images/flickr.com)

KEY POINTS

  • A Bitwise spokesperson confirmed that the filing 'is both legitimate and is linked' to the asset manager
  • Ripple's Brad Garlinghouse previously projected that an $XRP, $SOL, and $ADA ETF are 'inevitable'
  • Prominent crypto figure Nate Geraci said Bitwise's first-mover decision was 'highly noteworthy'

Bitwise Asset Management, one of the asset managers that has a spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund (ETF), has filed for an entity named Bitwise XRP ETF in Delaware, marking a significant move in emerging world of cryptocurrency ETFs.

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