Bitwise CIO: Advisors Buy XRP for Longevity and Clear Use Cases, Not Just Price
- —XRP ETF net assets rose 80% in Q3 to a record $1.77 billion
- —XRP ETFs have logged 11 consecutive weeks of inflows
- —Bitwise leads with $677 million in cumulative inflows, Franklin follows at $501 million
- —Bitwise updated its XRP ETF prospectus on September 28; fee is 0.34%, custody by Coinbase
Why it matters: Growing regulated ETF access broadens XRP's institutional holder base and reduces reliance on price momentum alone.
Source: Crypto Economy