Bitwise XRP ETF Holdings Jump by 14.18 Million XRP
Bitwise XRP ETF holdings experienced a significant increase of 14.18 million XRP between September 21 and September 23.
The fund's direct exposure to XRP expanded during this period, with its balance standing at 401,416,018.02 XRP valued at $613,889,530.52 as of September 23.
Compared to the previous day, when it held 387,233,906.42 XRP valued at $615,152,039.06, this represents a substantial rise in holdings.
The fund's net asset value was $16.72 and its market price was $16.71 on September 22.
It is essential to note that the increase alone does not demonstrate discretionary buying, as fund balances can change through various operations such as share creations, redemptions, fees, and others.