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Bitwise XRP ETF (NYSE:XRP) began trading on NYSE on November 20, 2025 with a management fee of 0.34%, waived for the first month on the first $500 million in assets. The Fund holds spot XRP, described as the world’s third-largest crypto asset with a market cap of over $125 billion and a 13-year track record.
The ETF offers U.S. investors spot exposure to XRP, citing the XRP Ledger’s 4 billion transactions, average daily volume of $1.9 billion, and 3–5 second settlement times. The Fund is not registered under the 1940 Act and carries high volatility and loss risk.
Bitwise XRP ETF (NYSE:XRP) launches on NYSE, with trading to begin on November 20, 2025. The Fund holds spot XRP, described as the world’s third-largest crypto asset with a market cap of >$120 billion and a 13-year track record. Bitwise, which manages >$15 billion in client assets, set the Fund's management fee at 0.34%, waived for the first month on the first $500M in assets. The XRP Ledger is cited as having processed >4 billion transactions, average daily volume of $1.9 billion, and settlement times of 3–5 seconds. The Fund is not registered under the 1940 Act and carries high volatility and loss risk.