XRP ETF Gains Momentum as Bitwise Files New Prospectus

Bitwise has filed an updated prospectus for its XRP ETF, indicating that demand for the investment product remains strong. The new Form 424B3 prospectus was dated September 28 and updates the fund's offering information as it issues shares.

The filing suggests that Bitwise is moving forward with plans to launch its XRP ETF, which will allow investors to gain exposure to the cryptocurrency without directly holding it.

XRP has been gaining traction in recent months, driven by growing interest from institutional investors and a surge in adoption of Ripple's payment technology.