Here is how Bitwise’s XRP ETF is doing up to now throughout its launch day.
The third-largest non-stablecoin cryptocurrency has one other exchange-traded fund monitoring its efficiency going dwell immediately on Wall Avenue.
After Canary Capital’s launch final week, Bitwise’s XRP ETF hit the New York Inventory Change below the XRP ticker as of this morning. The corporate behind the asset described it as a “milestone day for the XRP group,” and outlined a few of the most notable info about Ripple and its native token.
Milestone day for the XRP group!
This morning, the Bitwise XRP ETF started buying and selling on NYSE (ticker: $XRP). With immediately’s launch, buyers have a brand new, handy option to get spot publicity to XRP, the crypto asset seeking to disrupt the $250 trillion marketplace for international funds.… pic.twitter.com/DA295tl6tO
— Bitwise (@BitwiseInvest) November 20, 2025
A couple of hours after the brand new crypto-focused monetary automobile reached the US markets, Bloomberg’s ETF professional mentioned that it had neared a $22 million buying and selling quantity on its opening day. He believes it’s “fairly spectacular” given the truth that it’s the second such ETF to go dwell within the US in only a week after Thursday’s launch of Canary Capital’s XRPC.
Recall that XRPC broke the records for a 2025 debut with a buying and selling quantity of just about $60 million on day one. Canary’s CEO was fast to congratulate Bitwise for the XRP ETF launch, which exhibits Wall Avenue that “you don’t should be BlackRock to launch the highest 5 ETFs of 2025.”
Enormous congratulations to our buddies at @bitwise on their XRP ETF immediately!
We’re displaying Wallstreet that you simply don’t should be Blackrock to launch the highest 5 ETFs of 2025. We’re rooting so that you can get this one in high 5 too, so long as you don’t knock us out of first.
Thanks for…— Steven McClurg (@stevenmcclurg) November 20, 2025
Within the meantime, the launch of two ETFs in only a week hasn’t spared the underlying asset from tumbling alongside the remainder of the cryptocurrency market. XRP is down by one other 2% up to now 24 hours because it simply slipped under $2.00. Furthermore, the asset has plummeted by 15% since final Thursday, when Canary Capital’s ETF hit the markets.
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