XRP ETF Price & Analysis

The Bitwise XRP ETF, trading under the ticker XRP, offers investors a unique opportunity to gain exposure to the dynamic price movements of XRP, a leading digital asset in the cryptocurrency space, while simultaneously shorting the U.S. dollar. This innovative fund falls under the "Pair Focused" category, strategically designed for those looking to capitalize on the long-term appreciation of XRP against the backdrop of a weakening dollar. Positioned within the specialized "In Specie" niche, the ETF meticulously ensures the security of its assets by holding XRP in cold storage, safeguarding investors' interests with offline custody. By leveraging an ETF structure, Bitwise XRP ETF provides a seamless, cost-effective, and secure way to participate in the burgeoning cryptocurrency market, appealing to both seasoned investors and those new to digital assets.