#United States #San Francisco #ETF #XRP #Bitwise Asset Management

Bitwise Launches XRP ETF on NYSE

On November 19, 2025, Bitwise Asset Management, a prominent player in the crypto investment landscape, made waves in the financial world by launching the Bitwise XRP Exchange-Traded Fund (ETF) on the New York Stock Exchange (NYSE). This strategic move is set to provide investors with direct exposure to XRP, the third-largest cryptocurrency by market capitalization, which stands at over $120 billion.

The ETF Details

Starting November 20, 2025, the Bitwise XRP ETF, trading under the ticker XRP, features a management fee of 0.34%. Remarkably, this fee will be waived for the first month on the initial $500 million in assets. The primary goal of this ETF is to facilitate trading in a currency that has consistently disrupted the global payments landscape. XRP is powered by the efficacious XRP Ledger, a blockchain specifically designed for tokenization, settlement, and the swift exchange of various assets, both traditional and crypto-native.

Since its inception, the XRP Ledger has facilitated an impressive four billion transactions, with an average daily volume of $1.9 billion and a commendable average settlement time of just 3 to 5 seconds. This efficiency positions XRP as a formidable challenger in the realm of cross-border payments, a market projected to reach a staggering $250 trillion by 2027.

A Caution for Investors

Despite the enticing opportunities that the Bitwise XRP ETF presents, potential investors are urged to approach with caution. As with any investment, the ETF is not without its risks. It is classified as a non-diversified fund, which means it holds only a singular asset type—XRP. Consequently, fluctuations in the market price of XRP can significantly impact the overall value of the ETF. Additionally, the fund is not registered under the Investment Company Act of 1940, potentially exposing investors to higher volatility.

Matt Hougan, Chief Investment Officer at Bitwise, opines, “XRP is an intriguing asset for several reasons: its longstanding operational efficiency, low costs, and the robust support from its community.” He believes that new regulatory frameworks are creating a level playing field for XRP as it vies for recognition alongside other digital currencies.

Growing Acceptance of Digital Assets

The launch of the Bitwise XRP ETF emerges at a time when digital assets are gaining substantial traction in the global economy, serving pivotal roles in payments, infrastructure development, and as integral components in diversified investment portfolios. Hunter Horsley, CEO of Bitwise, reflects on this transformative phase, noting, “With the introduction of the Bitwise XRP ETF, we aim to provide investors an entry point into an asset that has the capacity to redefine global monetary movements.”

The Future of Tokenization

The XRP Ledger empowers businesses to tokenize various assets—ranging from U.S. Treasuries and digital commercial papers to private credits and money market funds. All blockchain activity on the XRP Ledger requires the XRP token, thus ensuring its utilization in all transactions and relationships established within the ecosystem.

The introduction of the Bitwise XRP ETF further complements Bitwise’s existing investment product suite, which features over 40 crypto investment vehicles across both the U.S. and European markets. This latest move underscores Bitwise’s commitment to providing advanced avenues for both institutional and retail traders interested in the ever-evolving landscape of digital finance.

As the demand for innovative financial instruments grows, the Bitwise XRP ETF will be critical for seasoned investors and newcomers alike, paving the way for further integration of blockchain technology in everyday transactions. Understanding the dynamics of this cryptocurrency and its corresponding market will be key for investors navigating the new frontiers of digital finance.

For additional information regarding the Bitwise XRP ETF, visit bitxrpetf.com.

Bitwise Asset Management stands out as a frontrunner in the crypto investment space, managing over $15 billion in client assets while continually expanding its offerings. With professional teams stationed in key financial hubs, including San Francisco, New York, and London, Bitwise is well-positioned to influence the future landscape of asset management and investment strategies.