XRP News Today: Ripple CEO Brad Garlinghouse Confirms Bitwise XRP ETF Launch on NYSE—Will the Price React?
The post XRP News Today: Ripple CEO Brad Garlinghouse Confirms Bitwise XRP ETF Launch on NYSE—Will the Price React? appeared on BitcoinEthereumNews.com.
XRP makes headlines as Ripple CEO Brad Garlinghouse confirms the launch of the first Bitwise XRP spot ETF on NYSE, opening regulated access to the crypto asset. The debut on November 20 allows investors to gain exposure to XRP without directly holding the token, marking a significant milestone in the cryptocurrency’s journey toward mainstream institutional adoption. ETF Launch Marks a Key Milestone for XRP XRP has officially entered a new phase in mainstream markets with the debut of the Bitwise Asset Management spot ETF (ticker: “XRP”) on the New York Stock Exchange (NYSE). The fund began trading on November 20, allowing investors to gain regulated, direct exposure to XRP without holding the token themselves. Ripple CEO Brad Garlinghouse kicks off the pre-Thanksgiving rush as the Bitwise XRP spot ETF officially launches on the NYSE. Source: @_Crypto_Barbie via X Brad Garlinghouse, CEO of Ripple Labs, highlighted the development on X: “The pre‑thanksgiving rush (shall we say, ‘turkey trot’!?) for XRP ETFs starts now… congrats @BitwiseInvest on today’s launch!” While this announcement reflects optimism within the XRP community, analysts note that market behavior in the coming days will be influenced by ETF mechanics, historical patterns, and broader crypto sentiment. What the Bitwise XRP ETF Means The Bitwise ETF provides U.S. investors with regulated access to XRP through a spot vehicle. Unlike futures ETFs, spot ETFs hold the underlying asset, which can influence demand for XRP on exchanges. This structure can reduce barriers for institutional and retail investors seeking exposure without managing wallets, private keys, or custody concerns. Milestone moment as Bitwise launches the XRP spot ETF on NYSE, giving investors regulated access to the 13-year-old crypto with $125B market cap and strong community support. Source: Bitwise via X Bitwise charges a 0.34% management fee, waived for the first month on up to US $500 million…
Filed under: News - @ November 21, 2025 1:26 am