Bitwise Holds Over Half a Billion XRP
Bitwise now owns over half a billion dollars worth of XRP through its XRP ETF, establishing its dominance in the industry over other existing XRP funds.
AI summary
Bitwise now holds more than $500 million worth of XRP through its XRP ETF, making it the largest holder among existing XRP funds. The disclosure signals strong institutional demand for XRP exposure via regulated vehicles and reinforces Bitwise's lead in the XRP ETF space. Traders may read the scale of holdings as supportive for XRP sentiment, though the news is a positioning update rather than a new flow event.
