A brand new exchange-traded fund (ETF) for XRP simply hit the buying and selling flooring. This time, the agency behind it’s Bitwise. Just some hours after its launch, the fund has attracted $100 million in property, favoring a bullish XRP value prediction.
Bitwise already had an exchange-traded product (ETP) linked to XRP – the Bitwise Bodily XRP ETP.
This product managed $230 million in property for buyers, reflecting Wall Avenue’s present urge for food for the altcoin.
Milestone day for the XRP neighborhood!
This morning, the Bitwise XRP ETF started buying and selling on NYSE (ticker: $XRP). With right now’s launch, buyers have a brand new, handy technique to get spot publicity to XRP, the crypto asset seeking to disrupt the $250 trillion marketplace for international funds.… pic.twitter.com/DA295tl6tO— Bitwise (@BitwiseInvest) November 20, 2025
The launch happens at a time when the crypto market is dipping laborious. The market has panicked over the Federal Reserve’s change of coronary heart regarding its rate of interest determination in December.
XRP Value Prediction: XRP Might Be Able to Bounce Again as Momentum Readings Hit the Extremes
XRP has dropped 10% to $1.80 as heavy promoting strain drags the market decrease.
After breaking beneath a key pattern line, the value seems headed for $1.77 — the extent hit in the course of the October 10 flash crash.
Buying and selling quantity has surged 48% to almost $9 billion up to now 24 hours, now making up 8% of XRP’s circulating provide.
Momentum is now deeply oversold.
The Relative Power Index has crashed to 24 on decrease time frames, a stage that usually precedes short-term bounces.
If XRP holds right here and types a double backside, the trail to restoration might goal the $2.30 zone, providing a possible 21% rebound from present costs.
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