Bitwise Asset Management, a company that manages $15 billion in funds, is proud of being allowed by the US Securities and Exchange Commission, SEC, to launch XRP ETFs as the second client institutional to do so, and this will happen November 2025. Canary Capital was the first to launch an XRP ETF in November 2025, with a trading volume of $58 million on its first day.
More than two months have passed since Bitwise XRP went live. The newly-launched investment attracted institutional clients. SEC’s approval of XRP could be the catalyst for its rise in price. This was not true, as the altcoin leading to the most value is headed south by 2026.
Please Read This: XRP Price Stabilizes With Hammer Candle: Perfect Time To Buy XRP Dip?
What is the performance of Bitwise XRP?
You can also find out more about the following: Bitwise XRP ETF was launched for a price of $24.15 The ETF reached a peak of 26.88 dollars. The ETF’s performance began to decline in 2026, when the altcoin started going downhill. It was the uncertainty of the market that led to its downfall. Trades were affected by the increasing tariffs. Markets are still on a downward slope, with another slump just around the corner.
On Wednesday Bitwise XRP traded at $18.07 and was down to $17.63. The ETF delivered little profit to its clients by 2026. BlackRock has experienced losses on its Bitcoin ETFs, which is putting some pressure on the index. BTC’s price drop below $75,000 has impacted the entire sector.
Analysts also deemed the Bitwise XRP XRP as a risky asset that is suitable only for people with a financial tolerance. This ETF does not represent the holding of the actual token XRP. The volatility of this asset is increased as big funds move in and out. Before investing in an asset, investors should be cautious.
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Source: watcher.guru
