Explore the latest developments concerning The pre-thanksgiving rush.
The pre-thanksgiving rush (shall we say, 'turkey trot'!?) for XRP ETFs starts now.. congrats @BitwiseInvest on today's launch!
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Bitwise launches XRP ETF as rivals cap $293m week. So why is the price still down?
“Today is the day! We’re launching the Bitwise XRP ETF,” said Bitwise on X. “It’s a big step forward for XRP, the world’s third-largest crypto asset, which aims to reshape the market for global payments.”
The highly-anticipated launch by the $15 billion digital asset manager arrives on the back of a week that saw Canary Capital’s spot XRP ETF pull in $293 million. That same week, Bitcoin ETFs saw nearly $2 billion in selling pressure, DefiLlama data shows.
Bitwise’s new ETF arrives as a flood of XRP ETFs is shown on DTCC’s listing website, which includes Wall Street heavyweights like Franklin Templeton, 21Shares, ProShares, and CoinShares.
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The Daily: Bitwise debuts spot XRP ETF, RippleX engineer explores potential for native XRP staking, and more
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Happy Thursday! In the first episode of The Block's latest podcast — Layer One — co-hosts Kelvin Sparks and Steven Gates were joined by Dragonfly Managing Partner Haseeb Qureshi and Fintech Collective General Partner Sean Lippel to discuss how poker logic meets crypto reality.
In today's newsletter, Bitwise launches a spot XRP ETF in the U.S., RippleX explores the potential for native XRP staking, Core Foundation secures an injunction against Maple Finance's rival bitcoin yield product, and more.
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