Bitwise XRP ETF Crosses $500M in Assets 9 Months After Launch

Crypto Insight Summary: Bitwise’s XRP ETF has surpassed $500 million in assets under management nine months after its launch. The fund now holds nearly 364.8 million XRP, giving brokerage-account investors indirect exposure to the crypto token without direct custody. Bitwise XRP ETF Passes $500 Million Milestone Bitwise Asset Management stated in an Aug. 31 post on X that […] Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF milestone boosts institutional confidence in XRP, but market impact is limited by indirect exposure.