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Crypto

Bitwise Adds $15.4 Million Worth of XRP to Its Holdings Amid Growing Institutional Demand

Guavy AI Editorial Team
Instruments
XRP
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Asset management firm Bitwise has been buying up XRP in large quantities, with its latest purchase totaling $15.4 million.

This move comes as institutional demand for XRP continues to rise, with all existing XRP ETF funds recording steady daily inflows over the past two weeks.

XRP's price had been experiencing a bullish momentum, but it has since reversed and declined by about 2% over the last 24 hours, dropping to $1.3.

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