XRP Jumps 7.7% on Bitwise Filing That Approved Nothing New
- —XRP gained 7.69% on the day, from $1.296 to $1.396, with an intraday high of $1.413
- —Bitwise filed Post-Effective Amendment No. 2 for its existing XRP ETF on NYSE Arca
- —The fund has operated since Nov. 19, 2025; the filing is a preliminary prospectus
- —U.S. XRP ETFs had drawn about $1.7 billion in net inflows by Sept. 17
Why it matters: XRP's rally stemmed from routine paperwork rather than a new approval, a reminder for investors to distinguish regulatory filings from actual ETF launches.
Source: Coinpaper