Bitwise XRP ETF Sees Fresh Capital Inflow Amid Token's Rally
Bitwise's XRP ETF has attracted $9.3 million in new capital on September 10, lifting its assets under management to around $498.8 million. This influx represents about 1.86% of the fund's total size and comes at a time when regulatory clarity remains a key theme in crypto markets.
The XRP-USD token is currently trading near $1.34, having rallied by about 18.5% over the past three months as investors bet on improving network adoption and fading legal overhangs.
The short-term technical stance for XRP remains cautious, with a Hold rating indicating a consolidating market after recent gains.