Bitwise rebrands XRP ETP to “Bitwise Physical XRP ETP” as Ripple announces investment in the product.

This move is seen as part of a broader strategy to enhance XRP’s presence and credibility in the financial market, particularly in Europe.

$XRP, the 5th largest crypto asset with an $80B+ market cap, is gaining more and more popularity due to its speed, efficiency, and reliability in areas like cross-border remittances, institutional DeFi, and real-world tokenization.

Today we have announced the renaming of our… pic.twitter.com/VnT1kerNnD

— Bitwise Europe (formerly ETC Group) (@Bitwise_Europe) November 27, 2024