🚀 Bitwise $XRP ETF Officially Launches on NYSE After SEC Approval
XRP just scored a major milestone. On Nov. 20, the Bitwise XRP ETF (Ticker: XRP) officially debuted on the New York Stock Exchange, following full approval from the U.S. SEC 🔥📈.
🔥 Key Highlights
Bitwise XRP ETF launches on NYSE
First-day net inflow: $105M
First-day trading volume: $26.41M
Total net asset value: $108M
Management fee: 0.34%, with cash or physical redemption
Total XRP ETF market net inflow (Nov 20): $118M
The Canary XRPC ETF also posted a $12.8M single-day inflow, pushing its historical total to $305M.
📊 Market Snapshot
Total net asset value of all XRP spot ETFs: $385M
XRP’s ETF asset ratio: 0.32%
Historical cumulative inflows across all issuers: $411M
A huge moment for XRP — and another leap forward for crypto ETFs in the U.S. market 🚀📉.
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