XRP Headlines: Groundbreaking ETF Launch
XRP, one of the world’s leading cryptocurrencies, draws market attention as Ripple CEO Brad Garlinghouse confirms the introduction of the very first Bitwise XRP spot ETF on the New York Stock Exchange (NYSE), offering U.S. investors regulated and streamlined access to the asset for the first time.[1][3][5][7]
Details of Bitwise XRP ETF Launch
- Bitwise Asset Management Bitwise Asset Management, Inc. has unveiled its XRP ETF (ticker: XRP), beginning trade on November 20, 2025, with a waived 0.34% management fee for the first month on initial $500 million in assets.[3][5][1]
- The ETF enables institutional and retail investors in the U.S. direct exposure to spot XRP XRP, emphasizing the asset’s role and adoption in the expanding digital finance ecosystem.[5][7][1][3]
- This launch follows Bitwise’s previous European release of a physical XRP ETP, signaling growing international momentum for regulated XRP access.[1][5]
Executive Comments
“In 2025, we’re watching digital assets take on real utility in the global economy, whether powering payments or tokenizing real-world assets. With today’s launch of the Bitwise XRP ETF, we’re excited to help investors gain exposure to a longstanding asset that has the potential to fundamentally reshape how institutions move money and other assets worldwide.” — Bitwise CEO Hunter Horsley
“For years, XRP's real-world potential was stunted by an extremely hostile regulatory environment. But now, with that obstacle removed—and buoyed by a passionate investor base—we believe we will finally get to see what XRP's technology can really do.” — Bitwise CIO Matt Hougan
XRP Ledger’s Expanding Applications
- The XRP Ledger is increasingly leveraged to tokenize and transact various assets including Treasuries, commercial paper, private credit, and money market funds, enabling new forms of digital commerce and institutional finance.[5][1]
- Holding XRP is essential for conducting transactions and maintaining wallet reserves on the XRP Ledger, underpinning participation in its broader ecosystem.[1]
Industry Context and Market Impact
“The timing of this ETP launch is exciting. … we believe we will finally get to see what XRP's technology can really do.” — Bitwise CIO Matt Hougan
Summary
The Bitwise XRP ETF launch on NYSE marks a pivotal moment in regulated crypto investing, enhancing access for U.S. investors and spotlighting XRP’s evolving utility in global payments and asset tokenization.[7][3][5][1]
Author’s Resume: The Bitwise XRP ETF launch delivers a landmark achievement for regulated U.S. crypto investing, potentially accelerating XRP adoption and innovation across digital payments and financial markets.